Blogotariat

The ferrous complex remains in a state of paralysis as hopeful traders fight a deteriorating reality. Hopes a plenty! Hopes of more stimulus revived after China’s central bank said on Tuesday it would maintain “appropriately loose” monetary policy, keep liquidity ample while improving its policy transmission, as the economy still faces risks and challenges. The

The post The baked-in bulls of iron ore appeared first on MacroBusiness.

DXY held last night. AIUD lifted anyway. CNY meh. Gold yeh. Are all metals AI now? The chosen one returns. EM meh. Is a downtrend forming in junk? Yields edged up. Stocks edged down. The US isn’t going to publish shutdown CPI or job numbers, straight out of Xi Jinping’s playbook. Helping gold. Credit Agricole

The post Australian dollar labours in vain appeared first on MacroBusiness.

A poll put out by Resolve earlier this month asked respondents to say if they had a positive, neutral, or negative opinion of a list of federal politicians if they had heard of them. What it found was that compared with December last year, Prime Minister Anthony Albanese had seen his standing improve from -17

The post Pauline Hanson tops the polls appeared first on MacroBusiness.

Global wind giant says turbine prices have peaked, but not civil construction costs, and warns more projects must reach FID in 2026 if renewable target is to be met.

At the end of World War II in 1945, international relations quickly coalesced around two superpowers (the USA and the USSR), giving rise to a bipolar world. Since then, the quest for a balance of power, fueled by the space race and the expansion of spheres of influence, has fostered a logic of escalation and a mutual perception of threat that continues to divide relations between Washington and Moscow today.

In succumbing to a lust for the limelight, the ASIO director, Mike Burgess, is not making it easier for the government and citizens to retain confidence in him and the organisation he’s trying to run.

The latest rental data from Cotality suggests that Australia’s rental market has tightened. Rental vacancy rates nationally fell to a new record low of 1.5% in October, down from 2.0% 12 months prior. The number of homes listed for rent across the combined capital cities has fallen to its lowest level on record for an

The post Australian renters cannot catch a break appeared first on MacroBusiness.

Air conditioning is set to become one of the biggest drivers of rising electricity demand, but the IEA says much of this will be met by a new wave of solar investment.

Although I’m not quite sure how much I can offer Mr Zhang’s steel and ironmongery…

Protesters have forced their way into COP30 while California Governor Gavin Newsom has hit out at the Trump administration for failing to send representation.

The IPA's appearance before Senate inquiry on information integrity on climate and energy quickly devolved into a fiery replay of Australia’s old climate wars

The Reserve Bank of New Zealand has slashed the official cash rate by 300 bps to 2.5%. Given New Zealand’s weak economy, which last week saw unemployment and underemployment increase to their highest rate since the pandemic peak, expectations are that the Reserve Bank will deliver additional rate relief heading into 2026. As illustrated below

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