Charts thanks to TME. SPX range high reversion. Three black crows for tech. Vol of vol on the move. Rotation to the mini-me. Vix is very short. And will soon get the accelerant. Some vol moving ahead. Anarcho-imperialsim is here as a market factor. It takes a pretty sizable geopolitical shock to make a
Roy Morgan reports that mortgage stress has fallen to its lowest level since January 2023, following the Reserve Bank of Australia’s (RBA) three 25 bp rate cuts. Roy Morgan classified 24.7% of mortgage holders as ‘At Risk’ of’ mortgage stress’ in the three months ending November 2025, a 3.2% decrease from August 2025 and significantly
In recent months, the evolution of events and rhetoric over Greenland has been absolutely unprecedented. “Unprecedented” is a word that has been thrown around a great deal in recent memory, but in this instance, it’s entirely apt. On one side of the divide over the issue, there are reports that U.S. President Donald Trump ordered
Cotality’s Chart Pack for December shows that dwelling values nationally increased by 2.9% in the final quarter of 2025, with regional values (3.5%) outpacing capital city values (2.7%). One of the key factors driving the rise in Australian dwelling values is the complete dearth of homes available for sale. Cotality’s data shows that total listings
Wow. For a market that is falling apart, there are some amazing things happening to hold the iron ore price aloft. Chinese December trade data yesterday smashed record import volume at an astounding 119.65mt. Steel exports were at a record, too, as some mills frontloaded ahead of the new export licensing system. But the chart
Its all about Iran across risk markets as “peace” President Trump looks set to attack another country (how many is that this year so far) with oil prices still in the balance despite a big lift in US inventories overnight. The latest earnings on Wall Street offset better than expected retail sales numbers but Wall
DXY is still thinking about rising. AUD has been bombed by Irna but is holding support at former resistence. Who’s your Daddy? Golden rocket offering no entry points. AI metals blowoff supreme. EM hit with a Chinese margin call. Still no support from junk. A little bit of safe haven buying. Stocks nervy. The fog
Any reasonable person should hate these hate laws. Andrew Hastie for PM. Mr Hastie on Wednesday afternoon doubled down on his opposition to the bill, which he said was “an attack on our basic democratic freedoms, freedom of conscience, freedom of speech and freedom of religion”. Just get out of the way for Andrew, Susan.
In debates over the appropriate level of migration into various Western nations, there is often a narrative that a significant reduction in the intake would entail major economic costs. However, a new report by TD Economics Chief Economist Beata Caranci questions the impact of migration cuts on the Canadian economy. In Canada, the unemployment rate
Asian share markets are still lifting across the board, performing better than transatlantic shares at least despite some mixed economic news from Japan and China. The rising tensions in Iran with the Trump regime standing by with itchy trigger fingers is keeping oil elevated while the USD remains somewhat firm despite a softer than expected