Blogotariat

The Market Ear on the dead cat. NASDAQ – “oversoldest” NASDAQ has not been this oversold since August last year. Note that RSI at these levels, with NASDAQ trading below the 200-day as it touches the big trend line, has only occurred twice before since the great bull started. Source: Refinitiv “Netted out” Gross leverage

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Tropical Cyclone Alfred is now forecast to hit Brisbane, the Gold Coast and the NSW Northern Rivers on Friday, with fears it is slowly strengthening into a category 3 system, unleashing winds greater than 150 km/h. The impacted regions are expected to experience major flooding, and up to 400 mm of rain is predicted. The

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Last week, I narrated the events surrounding the Ukrainian conflict, emphasizing that French President Emmanuel Macron, as brilliant as he is, was incapable of adapting to the changes in the world.

This week, I am taking up the same elements, and many others that followed, to show that the divorce of Europeans from each other and of the EU from the United States has become a reality.

by Thierry meyssan

DXY goes “CRACK”. EUR to the moon! AUD follows EUR but not fast enough to catch it. Lead boots held up. Amusingly, oil is going to pull that drill, baby, drill. Goldman will make you pay for the energy transition as copper rises DXY reflation. Big miners false dawn. EM up. Junk firmer. Yields higher

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Trump’s speech was full of wild claims. Here are seven that weren’t true

President Donald Trump’s address to a joint session of Congress highlighted several of the initiatives he has started in his first six weeks in office, but many of his comments included false and misleading information.

Here’s a look at the facts.

1. Trump overstated the numbers on his immigration crackdown

Founders of a New Zealand solar developer announce ambitious plan to link Australia and New Zealand grid with a sub-sea cable.

In this special episode brought to you by Energy Exchange Australia, Hydrogen Australia’s David Cavanaugh looks at the barriers and opportunities for Australia’s green hydrogen industry, and the demand push from local and overseas industry.

US House of Reps votes to repeal energy efficiency standards for water heaters, as it works through the list of home appliances on Trump's "unleash American energy" executive order.

Contractor named for solar project in Victoria that had been delayed but will now go ahead with a big battery.

For years I have warned that taxing cigarettes as heavily as Australia does would result in three unintended consequences. It would create a large black market for smokes. Tobacco smuggling will increase, providing a source of revenue for criminal organisations, jeopardising law and order. New health dangers will emerge as vaping’s popularity grows in place

Some days I wonder what is going through ALP dills heads. Anthony Albanese has flagged the prospect of Australia sending peace-keeping troops to Ukraine, declaring he is “open” to considering any requests for help. Meanwhile, at home. The Premier of Western Australia has called for a bigger naval presence along the coastline as three Chinese

The post Albo to protect Ukraine as China nukes Perth appeared first on MacroBusiness.

The Australian Bureau of Statistics (ABS) has released the national accounts for Q4 2024, which revealed that the economy has finally emerged from its longest recorded per capita recession. The Australian economy grew by 0.6% in Q4 2024 and 1.3% year-on-year. In per capita terms, the economy grew by 0.1% in Q4, the first increase

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From Energy Quest, which finally tells the truth. The gas flows south are small compared to the total east-coast domestic demand of about 500 petajoules, but this does not tell the whole story. Southern state gas demand, particularly in Victoria, grows substantially (triples) during winter as there are about 2 million households in Victoria that

The post The gas answer is so easy appeared first on MacroBusiness.