So, the endless summer of disruption continues. I’ve written precisely nothing this week. Today I decided fuck it, I’m going to achieve something. So I bought two flat chickens. And now I’m going to barbecue them.
If this comes off it will be the most significant thing I have achieved in about 6 weeks.
The latest Chinese inflation numbers were slightly higher than expected which has seen the potential for a BOC RRR cut next year move lower, also pushing mainland shares down as well. All other Asian markets are in the red as well with the risk complex awaiting tonight’s FOMC meeting to see what is in store
A planned shutdown of gas networks in 10 regional towns has resulted in households being pushed towards LPG rather than electrifying their homes.
The Reserve Bank of New Zealand has delivered 3.25% of interest rate cuts since July 2024. This reduction in the OCR has delivered a corresponding decline in new mortgage rates to pre-pandemic norms: Normally, such a sharp reduction in mortgage rates would result in a lift in homebuyer demand and prices. However, as illustrated below
European Union members have set a new and binding 2040 climate target of reducing net greenhouse gas emissions by 90 per cent compared to 1990 levels.
From the Market Ear: Stuck SPX remains stuck inside the range that has been in place since September. Bull flag and a break out, or a double top? We aren’t getting excited until we break out of the range. Until then, treat this as a mean-reverting market. Stability… …at these levels, but dealers turn short
One of the country's biggest solar farms has reached full commercial operations, after being built well ahead of schedule.
Financial close has been reached for the four-hour big battery next to Australia's biggest wind farm, paving the way for construction to start.
BHP to sell $A3 billion stake in remote, stand-alone electricity network that is the backbone of its Pilbara mining operations to an offshoot of BlackRock.
When Australia closed the book on the 20th century, the median home at a national level could be purchased by a household with a median household income. The typical mortgage consumed 25% of gross income, assuming they had the cash for a 20% deposit, stamp duty, and other transaction costs. This marked the last ‘hurrah’