Blogotariat

Oz Blog News Commentary

Articles from MacroBusiness

Macro Afternoon

June 20, 2018 - 16:54 -- Admin

Is it all systems go on risk markets again? Not quite, but it seems that sanity may yet prevail with potential relief from the trade war, albeit speculative that Trump may pullback some of the announcements. Stocks across the region rallied from relief more than anything with the USD still mixed against the majors The

The post Macro Afternoon appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Is Australia sitting on a ticking derivatives nuclear bomb?

June 20, 2018 - 14:53 -- Admin

Nice work from Martin North today: There is a chart doing the rounds courtesy for the CEC (an Australian Political Party, who is advocating the introduction of a Glass Steagall banking separation bill, and which is likely to tabled late June) which shows that the total value of financial derivatives in Australia is around $37 trillion dollars.

The post Is Australia sitting on a ticking derivatives nuclear bomb? appeared first on MacroBusiness.

Labor MP attacks ‘country that must not be named’

June 20, 2018 - 12:10 -- Admin

Labor’s foreign policy and national security alternative looks like a complete dill today: The senior Labor MP on Federal Parliament’s peak security committee has sent a clear warning to China to drop its objections to new foreign interference laws, saying it is foolish to put Australia’s “back up against the wall” on the new powers.

The post Labor MP attacks ‘country that must not be named’ appeared first on MacroBusiness.

Is the bottom in for Bitcoin?

June 20, 2018 - 12:04 -- Admin

The old adage in investment markets is when everyone is bearish, you should be bullish. Can that be said of cryptocurrencies? Recently, the Bank for International Settlements – the central bank’s central bank – came out with a damning report into the market for “alternative” currencies, pointing to the major flaws of scaleability and trustworthiness

The post Is the bottom in for Bitcoin? appeared first on MacroBusiness.

ASX decouples from Planet Earth, hits post-GFC high

June 20, 2018 - 11:50 -- Admin

AUD is flopping around under 0.74 cents this morning: Bonds are sold: XJO is at a new post-GFC high as threats rise everywhere: Dalian is off the lows: Big Iron is flat: Big Gas is up: Big Gold is up: A short squeeze has taken hold in the banks, the real driver: Big Realty is

The post ASX decouples from Planet Earth, hits post-GFC high appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Skilled vacancies roll over

June 20, 2018 - 11:05 -- Admin

More evidence that the labour is softening at a good clip. Via DEEWR: Is that a sickening trend I see before me? Too early to say but not exactly powering…

The post Skilled vacancies roll over appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

McGrathmageddon over?

June 20, 2018 - 11:00 -- Admin

Via the ASX: Aqualand just got itself a captured realtor cheap as chips! The stock is up: Still wouldn’t buy it given the shakeout in housing.

The post McGrathmageddon over? appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]

This is not your grandfather’s “class war election”

June 20, 2018 - 11:00 -- Admin

Via The Australian: Bill Shorten has taken a major ­political gamble ahead of the crucial Super Saturday by-elections by refusing to back the government’s $144 billion in personal income tax cuts and vowing to repeal the bulk of the package if the ­Coalition manages to legislate it. The Opposition Leader yesterday accelerated his class-war campaign

The post This is not your grandfather’s “class war election” appeared first on MacroBusiness.

Australian leading index plunges

June 20, 2018 - 10:54 -- Admin

From Westpac: • The six month annualised growth rate in the Westpac–Melbourne Institute Leading Index, which indicates the likely pace of economic activity relative to trend three to nine months into the future, dropped from +0.83% in April to +0.11% in May. The Leading Index points to slowing growth over the second half of 2018.

The post Australian leading index plunges appeared first on MacroBusiness.

Tales of interest-only reset shock

June 20, 2018 - 10:30 -- Admin

Via the ABC: As property prices in Australia have climbed over the past few years, thousands of Australians desperate to get a foothold on the property ladder have used interest-only loans. But the interest-only period on these loans doesn’t last forever. Over the next three years, interest-only loans worth a combined total of about $360

The post Tales of interest-only reset shock appeared first on MacroBusiness.

Pages