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MacroBusiness
Friday, October 15, 2021 - 09:30
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The ferrous complex was mixed on October 14, 2021 as spot rose and paper eased: The latest CISA numbers are out and show some bounce back from the late-September catastrophe with production back to 2017 levels: But inventory levels also bounced strongly so output is probably now too high. The latest inventory numbers are still The post Daily iron ore price update (all bets are off) appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
MacroBusiness
Friday, October 15, 2021 - 09:22
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Victoria has recorded another 2179 locally acquired COVID cases – the second highest daily tally on record – alongside six deaths: Reported yesterday: 2,179 new local cases and 0 cases acquired overseas. – 38,752 vaccines administered – 73,942 test results received – Sadly, 6 people with COVID-19 have died More later: https://t.co/OCCFTAtS1P#COVID19Vic #COVID19VicData pic.twitter.com/dQ8T9QNCPg — The post Victoria’s COVID cases surge, NSW’s plummet appeared first on MacroBusiness. |
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Renew Economy
Friday, October 15, 2021 - 09:20
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MacroBusiness
Friday, October 15, 2021 - 09:00
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A solid night of corporate earnings with no surprises and a weaker USD has seen both Wall Street and European share markets continue their bounceback overnight, putting aside continuing concerns over inflation/stagflation. The USD remained weak against both the majors and commodity currencies, although the risk correlated USDJPY pair is stable indicating a strong tailwind The post Macro Morning appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
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MacroBusiness
Friday, October 15, 2021 - 09:00
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DXY was soft again last night and EUR rallied: The AUD is a roaring rocket It looks rather like commodities. Oil: And base metals, as the energy bubble cuts refining production in China: Big miners loved it: Even EM stocks lifted: Junk is fixed! As the US curve was hammered. The bond market is beginning The post Australian dollar fattens with fully-fledged commodity bubble appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
Renew Economy
Friday, October 15, 2021 - 08:39
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The post Vestas pledges zero waste for wind turbines, Vattenfall bans landfills for blades appeared first on RenewEconomy. |
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Your Democracy
Friday, October 15, 2021 - 08:26
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China is the world’s biggest coal consumer. About 50% of all coal burnt on our planet is burnt in China. Although China is also the world’s leading coal producer, it needs to be its main importer as well. |
Your Democracy
Friday, October 15, 2021 - 07:31
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The federal government has been excoriated on Q+A by Labor and cross bench MPs for not having a climate policy that gets the nation to net zero emissions by the year 2050. |
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Your Democracy
Friday, October 15, 2021 - 06:10
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MacroBusiness
Friday, October 15, 2021 - 00:10
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Infrastructure Australia has released a new report lobbying for more skilled immigration to build the infrastructure needed to sustain a bigger population (caused by immigration): Infrastructure Australia chief executive Romilly Madew said more migration will be needed to fill the forecast shortfall of 105,000 infrastructure jobs. The report highlights “increasing risks for cost escalation and The post IA: Immigration needed to build infrastructure for migrants appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
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MacroBusiness
Friday, October 15, 2021 - 00:05
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In the week ended 14 October, the CoreLogic daily dwelling values index increased another 0.35%: All major markets recorded rising values with the exception of Perth: Values have so far risen by 0.77% this month, with all major markets rising: Quarterly price growth remains turbo-charged but slowing at 4.52% across the five major capitals. Brisbane The post CoreLogic weekly house price update: Perth misses appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
MacroBusiness
Friday, October 15, 2021 - 00:01
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Global Macro / Markets / Investing: High Inflation Is Here To Stay – Reason How natural disasters benefit rich people but make the poor poorer – The Guardian A New Global Economic Consensus – Project Syndicate What is the social cost of carbon? What should the discount rate be when applied to future benefits from The post Links 15 October 2021 appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
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Your Democracy
Thursday, October 14, 2021 - 21:15
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Frustrated mining magnate Andrew "Twiggy" Forrest has lashed out at Nationals politicians who he says are "capable of hearing the facts" on the coal industry, but have chosen to ignore them to chase votes. |
The Australian Independent Media Network
Thursday, October 14, 2021 - 20:45
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By Amanda Smith The Cashless Debit Card is the latest iteration of a policy called “compulsory income management” (CIM) in Australia. Compulsory income management – meaning government and corporate control over all or portions of people’s social security entitlement payments, is an idea that had its roots as far back as 1982 in government,… The post So what’s this “Cashless Debit Card” thing all about then? appeared first on The AIM Network. |
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Renew Economy
Thursday, October 14, 2021 - 20:22
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Renew Economy
Thursday, October 14, 2021 - 19:21
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Club Troppo
Thursday, October 14, 2021 - 18:32
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David Card, 2021 Nobel winner and nice guy |
Club Troppo
Thursday, October 14, 2021 - 18:32
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David Card, 2021 Nobel winner and nice guy |
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Your Democracy
Thursday, October 14, 2021 - 18:04
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There have been a number of suggestions online that the withdrawal of American soldiers from overseas is being undertaken to use the troops against those individuals and domestic groups that are being targeted by the Justice Department.
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THE BLOT REPORT
Thursday, October 14, 2021 - 16:39
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The man who brought a lump of lacquered coal into parliament in early 2017, to wave in the face of the Labor Opposition, was then treasurer, Scott Morrison. He shouted, as he often does: “This is coal. Don’t be afraid. Don’t be scared”. |
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MacroBusiness
Thursday, October 14, 2021 - 16:30
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Asian stock markets have rebounded after the US inflation led bounce on Wall Street overnight with the reversal in USD strength against the major risk currencies still holding, with gold hovering just below the $1800USD per ounce level. Meanwhile Bitcoin continues its little uptick above the $57K level, as it remains poised to match its The post Macro Afternoon appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
THE BLOT REPORT
Thursday, October 14, 2021 - 16:26
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Renew Economy
Thursday, October 14, 2021 - 15:00
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MacroBusiness
Thursday, October 14, 2021 - 14:30
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Seriously, who’d buy a Sydney high-rise apartment? On Monday, new research by the Strata Community Association NSW revealed that four in 10 new apartment buildings in NSW have serious defects. And yesterday, The SMH reported that an apartment tower in Sydney’s south-west came close to being evacuated after an engineer’s report warned that the building The post Buying a Sydney high-rise apartment is financial Russian Roulette appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
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MacroBusiness
Thursday, October 14, 2021 - 14:00
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Good news: Pfizer Inc. will make an expedited application to Australia’s medical regulator for its Covid-19 vaccine to be considered for use in children aged five to 11, Health Minister Greg Hunt said. The company is expected to submit data on its vaccine to the Therapeutic Goods Administration within weeks, Hunt said at a press conference The post Pfizer seeks “expedited” approval for Aussie kids appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
Renew Economy
Thursday, October 14, 2021 - 13:44
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MacroBusiness
Thursday, October 14, 2021 - 13:30
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Yesterday, the Australian Bureau of Statistics (ABS) released Overseas Arrivals and Departures data for August 2021, which suggests net migration into Australia remained firmly negative. There was a net 5,260 permanent & long-term departures in August, which followed July’s 3,130 net departures. Over the August quarter, there were 5,850 net permanent & long-term departures: Since The post Immigration negative before ponzi relaunch appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
MacroBusiness
Thursday, October 14, 2021 - 13:00
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Average views per listing on Realestate.com.au hit a record high in September, according to the latest PropTrack Housing Market Indicators Report: With limited stock on the market, views per listing hit record highs. The ongoing shortage of stock available for sale coupled with elevated search volumes on realestate.com.au resulted in record high interest from buyers The post Record Australian property demand in September appeared first on MacroBusiness. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] |
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Renew Economy
Thursday, October 14, 2021 - 12:35
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Renew Economy
Thursday, October 14, 2021 - 12:34
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Andrew Forrest chooses US based Plug Power to build massive hydrogen Gigafactory in Queensland, the first of "tens" of such projects planned for
Vestas promises to make wind turbines full recyclable, while Vattenfall bans used turbine blades from landfill.
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Join a panel of leading experts and businesses that are taking action now to find out what we need to do in this second webinar of the Energy Transformed
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