In August it was the turn for geopolitics to swallow some uncertainty as President Putin went to Alaska. Meanwhile for many central bankers, the (near) future became clearer. Australia cut rates with confidence while Jermome Powell indicated that the Fe ...
Learn morePresident Trump’s July 8 tariff deadline was extended to 1 August to give key negotiations more time. Japan and the EU both walked away with a 15% general tariff from their US “trade deals”. In return, they had to promise a lot of new ...
Learn moreThe world’s biggest steel maker needs to decarbonise its steel. Every year, China’s 1 billion tonnes of steel production results in around 2 billion tonnes of carbon dioxide. If China’s steel industry was a country, it would be the fif ...
Learn moreThe attack was unprecedented. Are we talking about Trump’s criticism of Fed chair Jerome Powell, Trump’s attack on Spain’s defence spending, or the US and Israeli attack on Iran? Who knows! But it was certainly another month of waiting ...
Learn moreAny small, open economy depends on its major trading partner to flourish. Canada and Mexico need the US, Sweden and the Netherlands need Germany, and Australia needs China. As the major trading partner goes, so does the smaller dependant trading partner ...
Learn moreThe US equity market largely regained the ground lost in April as the market decided that it could see through Trump’s tariff tantrums. Like April, May was marked by more tariffs announcements, followed by more high-level meetings, and followed by ...
Learn moreLiberation Day lived up to the hype and then some. Reading from the Stephen Miran and Peter Navarro playbook, President Trump hit most countries in the World with higher than expected tariffs. Global stock markets plunged, including Australia’s. C ...
Learn moreWith the end of lent and Easter feasting, it is an apt time to look at what naughty foods Australians like to snack on (see chart below)! While the international image of Australians is of lifeguards, beach bodies, and movie stars like Hugh Jackman ...
Learn moreGauging the fallout from Trump’s tariffs will take months if not years but for US beef exporters, the impact has been immediate. China is delaying the renewal of export licenses for US abattoirs. Australian beef exporters have experienced similar ...
Learn moreThe AUD recently hit a low against the USD not seen since the outbreak of the COVID-19 pandemic in March 2020. But some commentators see the AUD plummeting all the way to 50 US cents! The last time the AUD was at that level, back in September 2001, Face ...
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