DXY is fast approaching critical support. If it breaks down, and why not, given it is now a measure of the madness of the POTUS, then all bets are off on everything. AUD is more than the mirror image. Supported by rate hike fever and the roaring JPY. Rushing past the plodding CNY. Golden parabola.
The post Australian dollar blasts off with yen appeared first on MacroBusiness.
Labour force data released last week by the Australian Bureau of Statistics (ABS) showed that the nation’s official unemployment rate eased to a seven-month low of 4.1% in December. The result compared with 4.3% in November and economists’ expectations that unemployment would rise to 4.4%. The latest Statement of Monetary Policy (SoMP) from the Reserve
Victoria sets new date for its first offshore wind tender, nearly a year after the original that was delayed last year.
The post Australia’s first offshore wind auction set for August after nearly one year delay appeared first on Renew Economy.
Australia’s leaders are trying to avoid becoming a target in a harsher, more coercive world. But silence and caution can’t substitute for strategy – or for honest leadership that levels with the public.
British Conservative lawmaker Suella Braverman, who was home secretary — the UK equivalent to interior minister — between 2022 and 2023, has joined Nigel Farage's populist Reform UK party.
Moscow and Washington will not engage in dialogue with Brussels’ foreign policy chief Kaja Kallas, Kremlin spokesman Dmitry Peskov has said.
Peskov made the remarks after the US, Russia and Ukraine concluded their first round of three-way negotiations in Abu Dhabi on Saturday. EU officials have complained that, despite providing military and financial aid to Kiev, the bloc has been largely excluded from the talks.
Australia’s housing market is an unmitigated disaster on almost every metric. Cotality’s latest housing affordability report showed that dwelling values relative to household incomes were tracking at a record high of 8.2 in the September quarter of 2025: The ratio of mortgage payments to household income was tracking at a near record high of 45.0%
Global warming is one of the biggest challenges faced by humanity today. As emissions continue to rise, global temperatures keep breaking records and the world's poorest nations bear the brunt of a crisis they did little to create.
Time to fix responsibility for climate change
By Hu Yong | CHINA DAILY
This is one of the most depressing Australia Days I can remember. We are still recovering from the horror of the Bondi massacre and the disgraceful jostling for political advantage that followed it. Meanwhile, the news is that opposition is hardening on changing the date to one less offensive to First Nations people. The actual shifts aren’t that great in statistical terms, but there’s no doubt that this shift, along with the rise of One Nation reflects something real.
French giants dominate offshore wind licences out west, but none offered in Illawarra or Bass Strait
Three projects totalling up to 4 gigawatts offered feasibility licences in W.A., but the Illawarra and Bass Strait miss out.
The post French giants dominate offshore wind licences out west, but none offered in Illawarra or Bass Strait appeared first on Renew Economy.
A $20 million national ad campaign raising awareness of Australian-made products kicked off late last week a manufacturer of low carbon aluminium products.
The post New $20 million “Made Right Here” ad campaign kicks off at low-carbon aluminium maker in NSW appeared first on Renew Economy.
The news first. Andrew Hastie has been given the blessing of his young family to enter the Liberal leadership race, as conservative powerbrokers lean towards backing the 43-year-old to replace Sussan Ley. Just hours after likely leadership rival Angus Taylor returned from overseas, sources close to Mr Hastie confirmed that the West Australian MP had discussed
From the marvellous Michael Hartnett at BofA. Zeitgeist: “When the market goes up, they should lower rates” Trump on the Fed. Zeitgeist: “Only three certainties are death, taxes, and new highs in Japanese banks.” Tale of the Tape: Japan yen weakest vs. China renminbi since 1992 (Chart 6); biggest risk to max bull Q1 consensus
The post Of stocks and the madman appeared first on MacroBusiness.
New Zealand experienced one of the biggest house price booms in the world during the pandemic. However, since prices peaked in late 2021, values in real inflation-adjusted terms have plummeted by more than 30% to levels last seen in 2019, nearly six years ago. The latest house price results from the REINZ showed that home