Macro Afternoon
Asian share markets pivoted around inflation prints and other macro news as the chaos from Davos dies down although the TACO trade remains in play. The USD remains under pressure against almost all major undollars particularly antipodean with the Australian dollar pushing through resistance to head above the 68 cent level while bond market stress
Claims and promises of carbon offset schemes are falling deep into the category of being ‘too good to be true’.
There will be daily cap on the federal government's Shared Solar free power offer, to ensure owners of EVs and home batteries don't abuse the system.