Blogotariat

This month, the Reserve Bank of Australia (RBA) decided to hold the official cash rate at 3.60%, citing resurgent inflation risks. The RBA’s statement alongside its decision noted that “the decline in underlying inflation has slowed”, with “recent data, while partial and volatile, suggest[ing] that inflation in the September quarter may be higher than expected

The post The case against RBA rate cuts strengthens appeared first on MacroBusiness.

Gas may be a short bridge to Australia’s clean energy future, but if we linger on it too long, we’ll pay the price in both dollars and emissions.

DXY is hovering. AUD dumped and pumped on tariff headlines. CNY has rolled. Gold to heaven, oil to hell. Metals turned casinos. RIO is breaking out of the big bear on the debasement trade. If it mined gold, I might agree. It doesn’t. EM dubious. Junk trying at the centre , not so much the

The post Australian dollar tariffied to death appeared first on MacroBusiness.

New research from investment bank Goldman Sachs affirms, as progressive advocates and economists warned, that US consumers are bearing the brunt of President Donald Trump’s trade wars.

Share this video! Please! Well, the time has come folks. On Thursday I’ll be launching a video series that’s been over two years in the making. I could have written a book, but I made 20 short videos instead. Conner … Continue reading →

Rearchers claim a technology breakthrough that could help solve some of the barriers to the development of potentially low cost and longer lasting sodium-ion batteries.

Vice President JD Vance sparked alarm on Sunday when he said that President Donald Trump was considering invoking the Insurrection Act under the pretenses of combating violent crime in US cities.

Asian share markets are still stumbling following some potential progress on the rare earth US-China trade war while local economic releases and the latest RBA minutes are not really supporting more rate cuts for now. Despite this the Australian dollar fell back again to its Friday night lows as the USD lifted against most of

The post Macro Afternoon appeared first on MacroBusiness.

The Market Ear has more. The Alchemist way Gold’s “unstoppable” upside trajectory continues. We have been pointing out the similarity with the early 2025 break out move for weeks. That triangle break out saw gold surge by around 28%. Apply the same percentage gain to the late August break out and we could reach around

The post Gold rush appeared first on MacroBusiness.

It’s no secret that millions of Americans are struggling more today than they were prior to the pandemic. When one assesses metrics like consumer sentiment through the lens of individuals on the lower rungs of the socioeconomic ladder, the impact becomes immediately clear. What is often less clear is exactly what lengths Americans are going

The post America: land of the RV appeared first on MacroBusiness.

The biggest battery project in Australia is about to get bigger, with the expected addition of an eight-hour fourth stage that will take total storage to 5 GWh.

Buy the dip or sell the rip? Technicals are clear as mud. The Market Ear. SPX technicals SPX has so far bounced on the 50 day, but this is not a very impressive bounce. Note we reversed 50% of Friday’s candle so far today. 6600 is the short term must hold level (50 day is

The post BTFD or STFR? appeared first on MacroBusiness.

Tasmania wind project has been waiting on an EPBC decision since May after several changes.