Currency pairs respond to geopolitical events like trade disputes and wars. These aspects often shake global economies and encourage different FX pairs to swing dramatically. If you are a forex trader or plan to try out this venture, remember that. A good example of a geopolitical event that has significantly impacted currency pairs is the
Australian dwelling prices have tracked sideways recently after experiencing a bounce following the 0.25% interest rate cut by the Reserve Bank of Australia (RBA) in February. CoreLogic’s daily dwelling values index has reported only a 0.2% increase in values at the combined 5-city level over the past 28 days, with Sydney and Melbourne recording rises
DXY is back. AUD is forgotten. Lead boots are shaky again. Oil is a dead cat. Gold consolidating. Base metals growth no bueno. Big miners caput. EM caput. Junk is nervous. Yields uh oh for dead cat stocks. Dead cat looking lifeless. Current forex dynamics are not complex. If you want to buy dead cat
International Reading: Federal Reserve Rings Every Alarm Bell About Trump’s Economy – New Republic Sanders Raises Alarm Over GOP Crypto Bill Designed to ‘Enrich Trump and His Billionaire Backers’ – Common Dreams Trump administration to garnish wages of 5.3 million defaulted student loan borrowers this summer – CNBC The Mother Of All Corruption: Trump’s Pension
AUD/USD EUR/USD USD/JPY GBP/USD Gold WTI Brent Australia 200 US S&P 500 UK 100 Japan 225 Friday Eve Easy Listening
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The bulls are rushing Australia’s property market. The Reserve Bank of Australia (RBA) is forecast to cut the official cash rate by 1.0% by the end of 2025, taking it to 3.10%. As illustrated below, the Albanese government recently instructed lenders to disregard student debts when assessing mortgage serviceability, which will lift borrowing capacity. The
It’s not rocket surgery. Be green, not fake. Drop the woke malarky. Drop the support for endless population growth and be honest about its devastating effects on the natural world, as well as youth prospects for housing and social progression. Be honest about the limits to growth, not pompously hypocritical to those of differing views.
The Market EAr on the mechanical bull. Stuck, but… SPX is still stuck in some sort of range, but note the short term trend line comes in at the 5700 level (futures). Next resistance above that is the 5750 area and the 200 day slightly higher. A close above that resistance and many will be
For decades, billionaire Meriton founder ‘Highrise’ Harry Triguboff has persuaded politicians to implement policies favourable to his financial interests, including mass immigration. In 2006, Triguboff claimed that Sydney’s population needed to reach 20 million by 2050. In 2010, Triguboff argued that Australia’s population needed to increase to 100 million. “I’d like to see 100 million,
Ferrous complex struggles continue. The steel output cuts have begun. The China Iron and Steel Association said this week the government was “actively deploying and promoting” its crude steel production mandate. Looming output restrictions have weighed on the market and are expected to impact demand of iron ore. “The main task facing the steel industry is