DXY was back but then not. AUD put in an impressive hammer candle bottom. I’m baffled by the reaction of auld lead boots. Oil down, gold up. Commods mixed. Miners meh. EM lol. Junk whacked. Yields hardly moved. An extinction-level asteroid could hurt stocks. Pretty wild pump and dumps on this. Lol, Mexican troops to
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Donald Trump’s “snatch-and-grab” foreign policy rejects the belief in US primacy and exception that was sliding towards a military confrontation with China.
“Show me the incentive and I’ll show you the outcome”. This famous quote was coined by legendary investor and Berkshire Hathaway vice chairman Charlie Munger in a 1995 Harvard speech. Munger’s quote encapsulates a fundamental truth about human behaviour and its impact on business and government. It also applies to Australia’s gargantuan National Disability Insurance
As a tsunami of crocodile tears engulfs Western politicians, history is suppressed. More than a generation ago, Afghanistan won its freedom, which the United States, Britain and their “allies” destroyed.
French Prime Minister François Bayrou has warned that he will use special executive powers to force his government’s contentious 2025 budget through parliament without a vote – a move that is certain to trigger a no-confidence motion...
French PM Bayrou says will force through contentious budget without a vote
Mind the gap! The new trade war over the weekend, which is set to escalate further as the world pushes back at the Bully-in-Chief sent, well everything risk associated lower with Asian stock markets the first casualties. Currency markets all experienced wide 100-200 pip gaps on the open this morning as the USD soared against
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China will file a lawsuit at the World Trade Organization (WTO) and take other retaliatory measures against US President Donald Trump’s new tariffs on its goods, the Commerce Ministry said in a statement on Sunday. According to the statement, Beijing sees Washington’s unilateral tariff increase as “seriously violating” WTO rules.
Deutsche with the note. First, we consider the announcements to be at the most hawkish end of the protectionist spectrum we could have envisaged. The speed of implementation (Tuesday 12:01am EST), the scope (all goods are covered, including small parcel goods previously exempted) and the breadth (approximately 44% of total US imports) are all aggressive. It
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