A better night on Wall Street due to better earnings reports and by absorbing the Canadian general election outcome. The USD was able to push back slightly against most of the majors although Pound Sterling remains at a new three year high amid the growing UK/EU detente on trade. The Canadian Loonie firmed slightly on
The post Macro Morning appeared first on MacroBusiness.
Of all the people I meet on my short swing through America’s midwest, the gruff man who lived at a roadside ranch called Hog’s Haven near the Minnesota-Iowa border might have said it best.
German Defense Minister Boris Pistorius voiced skepticism about Russian President Vladimir Putin's unilateral ceasefire in Ukraine. Meanwhile, Ukraine said a Russian drone strike killed a young girl. DW has the latest.
CoreLogic’s daily dwelling values index, which tracks value growth across the five major capital cities, recorded stalling momentum in April. Across the five major capitals, values rose by only 0.2% over the month, down from 0.4% growth in March. As illustrated below, the slowing in growth was broad-based, led by Sydney, Melbourne, and Adelaide, whereas
Ben is joined by Peter Brent and the ABC’s Tom Crowley for the final pre-election episode of the 2025 federal election campaign. We discuss how a hung parliament might play out and the experience of riding Peter Dutton’s campaign bus. For our seat of the week we discuss the NSW seat of Werriwa.
CoreLogic has released the following snapshot of housing affordability across Australia, broken down by four metrics. As illustrated above, affordability to purchase or rent nationally was tracking at its worst level in history at the end of 2024. Specifically: The national dwelling value-to-income ratio was an equal record high of 8.0 as of 31 December
How I’ll be voting this election and why.
It’s not often that we get the chance to directly influence the manner in which the Australian Government deals with a continuing genocide.
With that, I thought I’d give you a rundown on what will guide my vote, and how I’ll be voting in the Senate.
All of Kellogg’s underlying assumptions lacked any basis in reality. Yet Trump seemingly took them on trust.
Risk markets are trying to digest quite a bit of macro news today with the Canadian election resulting in a Liberal victory, while a small reprieve in auto tariffs by the Trump regime looks possible amid the UK/EU announcing what could be a reversal in post Brexit trade barriers. The USD is back on the
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