See the latest Australian dollar analysis here:
Asian stocks are regaining after their stumble yesterday, and despite the threatened veto by almost-former President Trump to stop the just-passed US stimulus package, S&P futures are on the mend as risk markets re-balance from that catalyst. Bitcoin continues to rebuff the $24000 resistance level while gold has failed to gain any traction, heading back down to its intraweek lows just above the $1860USD per ounce level as momentum heads into the negative danger zone:

The Shanghai Composite is up nearly 1% or just below the 3400 point level going into the close, while in Hong Kong the Hang Seng Index is up over 0.5% to 26270. Japanese stock markets are putting in a mild session, with the Nikkei 225 still stuck in a sideways trend and closing 0.3% higher to 26259 points. Meanwhile the USDJPY pair has been unable to cross above short term resistance at the 103.80 level, still in its own medium term downtrend as the short term uptrend begins to rolls over:

The ASX200 was able to flip back into the positive zone, up nearly 0.5% to 6649 points, still below the previous 6700 point level but looking a bit steadier. The Australian dollar was able to rebound very slightly this morning with a small bounce back up to the mid 75 level but the four hourly chart is still suggesting a rollover back to the previous weekly support level:

Eurostoxx and S&P futures are struggling to regain their mid-session composure due to the Trump dump, with the four hourly chart of the S&P500 still showing increased volatility as we head into the Christmas break. The market remains unable to clear the important 3700 resistance level so I’m still watching for a potential break below the 3650 level:

The economic calendar includes US durable goods orders for November and the latest core inflation data plus weekly initial jobless claims and Michigan consumer sentiment.
- Macro Afternoon - January 21, 2021
- Macro Afternoon - January 20, 2021
- Macro Morning - January 20, 2021
And she’s watching him with those eyes
She’s loving him with that body
I just know it
Making & designing mill vice for bonemans CNC today. Milling the vee then milling horizontal jaws teeth in the vee. Already done the criss cross jaws
You know I wish I had that boomers spirit
,
Your comment is awaiting moderation.
It’s easy. Just say yes to everything and deal with the consequences as they arrive. If you happen to still be alive in latter years, well you will have memories at least.
Moto = bad experiences are better than no experiences.
Chin up Mig follow your dream no mater what sht gets thrown at you.
I said yes to everything and couldn’t sit down for a week.
You can always rely on harold.
😀
harry.. 😂
100 Just say yes to everything, as long as the fee is OK.
When that song came out I was almost 11 years old and in love for the first time with this pretty little Blond haired Tom boy in my class called Peta.
I would ride my bike over to the block of units she lived in and loudly call out her name, repeatedly, until she came down to see me.
I would then impress her with a variety of stunts performed on my BMX bike before spending the rest of the afternoon talking, laughing and hanging out in the park across the road together.
Life felt like it was as good as it could get,….I had found My Girl.
I had found happiness!
Until the day I spotted Troy Moynihan stroking the back of Peta’s calf during a class documentary viewing.
Half the class was sitting on the floor and the other half at their desks.
Peta was at her desk with Troy boy sitting in front of her stroking away for the whole video!
I felt so betrayed!
How could she let him! touch her after she had been so impressed with all my stunts and visits.
They started “going” together and I was heart broken and forgotten.
That crappy Rick Springfield pop song sounded like it was written for me and my rejection at the time even though my nemesis was a Troy and not a Jessy (odd boys name BTW)
I copied that song on to a tape (off “Rock of the 80s 2SM” I think) and listened to it repeatedly with sorrow in my heart,…Untill I became keen on this other Sheila in me class anyway.
Still, I never hear that song without thinking about her.
Oo
Have you stalked this Troy guy to see how his life turned out?
I’ll play along with the charade
Let’s just say,…Troy won’t be stroking any calves anymore.
😂
You some goon cut his hands off? Nice.
ERMO seems you have a comrade in arms.
bolstroodMEMBER
December 23, 2020 at 4:52 pm
I was a union member my entire working life, sometimes a delegate, and I entirely agree with you.
On the other hand I was active in the Anti conscription anti Vietnam war movement and some of the staunchest activists were unionists, think Jack Mundy
I consider all my MB brothers and sisters my comrades in arms Boom.
Even that crazy cnt Totesie!
We are fools to make war on our (Working class) brothers in arms,
https://youtu.be/T-3qF8v9CTw
Oh man. The first CD I bought.
How I loved that album.
They were the biggest band in the world for about a month.
Such great mixing. Every part so clear, but you can feel the movement of the band together.
Guitar is so dynamic. He plays fingerstyle. Beautiful strat sounds, he’s going through the pickups depending on whether he wants a sharp or smooth sound. I also think he’s using the volume knob with the pinky to get those volume swells. So he turns down the volume, picks the note then uses the pinky to quickly turn it up.
The dawn of the digital age.
Appetite for Destruction was just around the corner……………
Now you are talking my language.
Geez, you picked a song of the pansy from Zoot? Matt Taylor had the song already for you.
Well I remember when I was young I had a secret love who never knew it
Well id do tricks upon my bike that never turned out right I allways blew it
And the day we had to part I had a broken heart but couldnt let on
So I spent my holidays just thinkin of the ways I must be goin wrong
https://www.youtube.com/watch?v=XTvzzgk_jEY
😍
The Zoot had a great song ‘The Freak’ written by Rick Springfield, heavy for the time like their version of Elenor Rigby.
You went to a block of flats, repeatedly, to yell “Peta”. Cannot see how that could have gone wrong. Not that there would have been / was anything wrong with that. 😍
PS Troy was a dog.
Ermo … https://www.youtube.com/watch?v=S5Y8tFQ01OY
In – your – eyes ….
Heck some Roxy … https://www.youtube.com/watch?v=bjvVNyBTSP8
I think this scene suggests a more appropriate boombox response to Troy and Peta ever getting married,
https://youtu.be/JI2cPGVJ4qw
https://www.youtube.com/watch?v=rT70HTbh4a8
Happy hippie
Someone said they left together
I ran out the door to get her
She was holding hands with Trevor (Troy)
Not the greatest feeling ever…
https://www.youtube.com/watch?v=sBzrzS1Ag_g
Fken Troy.
sigh.
Yes, righto then. Carry on.
https://mobile.twitter.com/Qldaah/status/1341571384355393536
Darryl said so
Darryl also said their shared love of corrupt money would keep them together forever.
A true political love story that is.
She was using him, not vice versa
Why do I get this feeling that cases in NSW will mysteriously go back up after Christmas ? Boris just got caught out doing this exact same nonsense and the NHS hospitals are filling fast now. Of course it is a much smaller base of cases but it is a certainty that the new variant will escape hotel quarantine in Sydney with their track record…..at least Singapore is trying to protect us.
Because the thought of failure is exciting.
And they seem to be very good at it.. failing that is, so they must keep up the good work.
The contrast between Andrews and Gladys is stark. There was a degree of frankness with Sutton in particular, that is lacking in the NSW pressers. The absence turns the dial on the BS detector.
Is there nothing that Gladys does not know and likewise, ScoMo?
Check out the body language of the woman standing behind the bin chicken – I think she is the chief scientist (or sumfing). Goes from a steady gaze and planted feet to looking at the ground and shuffling her feet. Not what you call as having a poker face.
Actually I noticed that too, body languages don’t match.
I noticed that too. The Chief Health Officer often looks like she’s biting her tongue when the Premier is talking.
Doesn’t matter what they say
Just jealous games people play
Orcas and seals
Nah Mig, pretty sure it’s “Alex the seal”.
Telstra payphones are free. Time to run up the bill on those pricks
Tripper
You got anyone keeping an eye on you over Christmas/New Years? You need it.
Only my sanity 👍
And how have we arrived at this portent of unexpected corporate benevolence? Been calling your dealer again?
I don’t have a “dealer” I have 20 yr old work mates.
Nah, it’s called reading the news. ABC had a story but the 12 people that signed totes’ petition don’t read ABC…..
There are 13 now!
Ah. You work in childcare industry. Got it.
You must be new here. The cool way to hang sh!t on me is to attack the real job I do (forkie).
I wish I was a forkie FCKEN.
Could probably get you a job at our Sydney warehouse if you’re willing to take a $50k pay cut lol
Forkies are fken Cool.
I was a Forkie,
in WA when working at cloudbreak.
Unloaded and reloaded 2 B triples per week over uneven packed dirt.
In and out of refrigerated shipping containers with crappy concrete ramps with the frozen palets.
The kitchen loading dock was pretty good though.
All the laundry got shipped in and out for cleaning. Plus the myriad poorly packed other shyte that came with every load.
used to give me a sore back after the average 3 hrs it’d allways take.
Really sucked in the wet season.
I foolishly let my Forkie qualification laps.
@Ermo
With the standard that pass new qual these days you could be recertified easily in a 1 day refresher. All the scum training companies offer a relatively cheap 1 day refresher.
Totes is getting organized. Practice makes perfect. He’ll take away some lessons, and refine his tactics.
OCEAN FREIGHT COSTS …
The Real Cost Of Ocean Freight Out Of Asia Is Hitting “Unbelievable” Heights … Mike Wackett of The Loadstar / Zerohedge
https://www.zerohedge.com/economics/real-cost-ocean-freight-out-asia-hitting-unbelievable-heights
Notwithstanding further rate spikes this week, the Shanghai Containerized Freight Index (SCFI) is still understating the prices shippers are paying carriers, according to a senior analyst. “It should be noted that the market is at a point where the SCFI is, in some cases, significantly underestimating actual rates paid,” said SeaIntelligence’s Lars Jensen.
However, the SCFI’s comprehensive index, reading 2,411.82, is 167% higher than a year ago, reflecting huge spot rate increases across all export trades from Asia. For example, rates to the South American east coast are recorded at some 200% higher than 12 months ago, while intra-Asia spots are 450% more expensive. … read more via hyperlink above …
Some interesting stuff, trying to find the article Niko posted a few weeks back regarding Asia taking in massive numbers of empty containers so they could service exports and not taking inbound goods as empties more valuable. Trying to link it all together….(maybe it can’t be, just triggered my memory).
Any chance that the report differs from ScoMo’s view of it all?
https://mobile.twitter.com/Peter_F_Ryan/status/1341488824484958208
Wistful Ermo laments a childish
Escapism
I drown in the sorrow of my disgust.
Every long term ex girlfriend married
The very next guy that came along.
Seven out of seven is uncanny
Why did they even touch me?
We have more in common than I thought lol
Shaddup
Isomorphic
Delirious guys …. https://www.youtube.com/watch?v=hRzGzRqNj58
When do we find out who the elites are that failed to isolate in their mansions properly, and wrecked Sydney’s Christmas?
What was Hazzard hiding when he berated the health department?
When will Gladys, Hazzard and Morrison resign?
So many questions, no answers.
Wasn’t me
I thought everyone knew it was Tony Abbott.
C’mon totes, don’t be coy, you know the answer – it’s all Labor’s fault lol
I agree. Gladys could never be this reckless if Labor were a political threat.
Far out you’re a deluded fool lol. I’ve acrually gotten to the point where you are funny now. You’re one track mind actually gives me laughs. Well done totes, you make me happy in a sad world.
I made a solid point. You’re just ranting.
Welcome to the club (finally).
#foundingmember
Pffft
I agree Totes. A compliant media coupled with an ineffective opposition is not good for accountability.
Someone at the airport said to someone who’s told me it’s abbots virus
CCP Apologist Barnaby has a go at Morrison on China stuff up.
https://www.theage.com.au/politics/federal/white-collar-urban-workforce-do-not-understand-trade-barnaby-joyce-20201223-p56pr4.html
*Ring Ring*
Yeah
Barnaby. It’s Reinhart
*Barnaby sits up*
Yes Gina.
Reinhart
Okay. Yes Reinhart
Miss Reinhart.
Sorry. Miss Reinhart
Be quiet you fool
…
Listen, too much anti-profit…umm, anti-China talk
I know right. Why, just th…
Be quiet you fool
…
Do something about it. Refloat the boat. Something like that. Just shut the preacher up.
Preacher?
Morrison you fool!!
Yes ma’am
Reinhart
Yes Reinhart
Miss Reinhart. Remember, I own you Barnaby
Joyce
Shut up Barnaby
Gold Bogan. Gold.
I read they were bringing back rubbery figures. This could be an episode …
The Nats will never have to worry about meeting carbon reduction targets; the cvnts will lay waste to Australia long before then.
And if I hadn’t blown this whole
Thing down years ago
I might not be alone
Tomorrow we tram around this town
With our masks only half down
And let the cops chase around
Speaking of masks:
https://www.vanityfair.com/style/2020/12/eric-clapton-and-van-morrison-release-their-anti-mask-anthem
Boomers…
Have no agency being a marketing metric to dial in supply side advertising …
Can you hear them
They’re talking about us
Telling lies
Well that’s no surprise
Can you see them
See right through them
Morrisons tards
Well that’s no surprise
When I’m awake
And Im just so strung out
I’m not even high as a kite
I’m just ropable af
Werewolf seems more yur style blister is the goldie mex
Cadance or unit step
NEW ZEALAND’S HYPERINFLATING HOUSING CIRCUS …
The value of residential real estate sold in Auckland jumps in 2020 and almost equals the value in the rest of the country, REINZ sales data shows. Tight supply and high demand feature almost everywhere … Interest Co NZ
https://www.interest.co.nz/property/108518/value-residential-real-estate-sold-auckland-jumps-2020-and-almost-equals-value-rest
The annual review of New Zealand’s residential property market in 2020 has shown a 24.7% increase in overall spend from $48.7b for the 11 months ending November 2019 compared $60.8b for the 11 months ending November 2020, according to the latest data from the Real Estate Institute of New Zealand (REINZ), source of the most complete and accurate real estate data in New Zealand.
In Auckland, the increase is even higher, with a 40.8% increase from $20.8b for the 11 months ending November 2020, to $29.2b for the 11 months ending November 2020 – an additional $8.4b.
Bindi Norwell, Chief Executive at REINZ says: “The 2020 property market has performed in a way that we may not have expected just 11 months ago. The results have been influenced by a number of key themes including: … read more via hyperlink above …
.
.
Kiwis splash out $12b more in house buying frenzy this year … Catherine Harris … Stuff NZ
https://www.stuff.co.nz/life-style/homed/housing-affordability/123799660/kiwis-splash-out-12b-more-in-house-buying-frenzy-this-year
NEW ZEALAND: 2021 … JACINDA ARDERN’S GOVERNMENT DESERVED LOOMING YEAR IN HOUSING HELL …
… No wonder the latest IPSOS Issues Monitors find that ‘housing’ is a major concern of 53% (highest on record) of New Zealanders (up from 37% in the previous quarter) … 16% of Australians … 14% of the British …
… New Zealand has by far and away the worst housing crisis at a national level within the English – speaking world (Demographia Housing Affordability Surveys) … and by far and away the highest homelessness rate in the OECD (latest ANZ Bank Economics Unit Report) …
Residents express hopelessness as houses in poverty-hit Ōtara sell for $1m … Jordan Bond … Radio New Zealand
https://www.rnz.co.nz/news/national/433354/residents-express-hopelessness-as-houses-in-poverty-hit-otara-sell-for-1m
.
.
… Wow … a Wellington example … Poor Porirua has the most hyperinflated residential rents …
‘Desperation’ for homes driving rent prices up in small-town New Zealand … Vita Molyneux … Newshub
https://www.newshub.co.nz/home/new-zealand/2020/12/desperation-for-homes-driving-rent-prices-up-in-small-town-new-zealand.html
So many words written about NZ ( and Australian) housing inflation ……when the solution is in plain sight
….aggressive policies to stop speculation in shelter
….but the banks and people’s savings and super are so embedded in this sh1t and there is no way out now ….
….so yada yada yada …..drone on drone on
Inflation is hidden in houses and it’s the only place left to store any value to money
We know how we got here ….not sure if anyone knows the way out
The turtles have the ayes
https://www.change.org/p/sunshine-coast-council-replace-shade-cloth-for-turtl
Merry Christmas/FU to those on the NDIS – decision to instigate 3 hour independent assessments based on survey of 35 participants.
https://www.theage.com.au/politics/federal/just-not-ok-only-6-per-cent-of-ndis-trial-participants-completed-survey-20201221-p56pbc.html
Is she really going out with [email protected]
I ain’t no jesse ya prick lol
Wet ass pussy
Gotcha mfer
I ain’t the same as you
I’ll roll you
Lol
4 elites from the project, interviewed Hazzard and not a word about the elites that wrecked Christmas for Sydney.
Elites looking after elites looking after elites.
Only tards watch that show lol
Ha Ha labor getting excited about a fishing station
…what about all those labor grandees that supplemented their post parliamentary salaries with China money ……..shame shame …all you men and women of the people …
https://amp.smh.com.au/politics/federal/labor-says-morrison-government-dropped-the-ball-on-chinese-fishing-facility-in-png-20201222-p56phl.html
“FVCK OFF!”
https://www.dailymail.co.uk/news/article-9079557/Octopuses-filmed-randomly-PUNCHING-fish-spite-hunting-alongside-them.html
Octopodes of peace.
Tentacles of peace!
Queeeeeeeeenslander(s)!
Aiight
Freak show …
https://www.news.com.au/finance/work/leaders/trump-pardons-aides-convicted-in-russia-probe-former-blackwater-guards-involved-in-iraq-massacre/news-story/255b2f109e9daf0a1571d3b91de0ecb6
#IamTroy
Fu#k off back to your food court. [email protected]%^
SweeperMEMBER
December 23, 2020 at 9:01 am
Why is it the “aspirational” outer suburb food court class can’t see that some can have a perspective contrary to their own circumstance?
That’s one of Sweeper’s comments I hadn’t seen before. For the record, if you live in Queensland and like to eat a variety of good food, there are times you actively have to seek out a foodcourt you know well, every now and again.
Food court.
*sigh*
https://www.youtube.com/watch?v=MJyEF1sncUM
Food Court
************
Frenzal Rhomb
Then you said
Meet me at the food court at 10am
Or there abouts you weren’t quite sure
Savages are closing in
I grit my teeth
And I’ll be waiting
Watching the fights
Caused by all the
MDMA leeching away
And I’ll be waiting
Fluorescent lights
Thinking about all of the things that we’ve done right
In the place
The city and the suburbs meet
It won’t be long
‘Til there’s some sh!t going down
I belong
Everywhere that you are found
And I’ll be waiting
Watching the fights
Caused by all the
MDMA leeching away
And I’ll be waiting
Fluorescent…
Check who’s in high vis at 0:46
https://www.youtube.com/watch?v=POM_98oi0oo
You know the funniest thing out of all this Mig – I can never hate you as much as you hate yourself lol. Have fun with that d!ckhead.
👍
#LOLd
#ChvntWorthy
Boomers spirit?!
That song was Gen X baby. All the way.
So what did we get our significant other(s) for Christmas this year? World peace? An anonymous Greens membership? A highrise garden?
Wolfgang Amadeus come at me
https://en.m.wikipedia.org/wiki/Amadeus_(film)
Rock me. 😘
PS DAX bring many hapoy lederhosen stuffen two days in a row. Everything is awesome.
Ein beir spraksen
tihS ym taE read it back to front mozart lol
Currency thingy …
https://twitter.com/tonywestonuk/status/1340366747275309061/photo/1
You’re still dumb as f#&^
You give stoners a bad rep [email protected]
Lol I’m not a stoner, I only do uppers and hallucinogenics ya fckn retard
You’re dumber than I thought 👍👍
Fck me mate, you’re walking around Melbourne live streaming your bi-polar episodes and you think I’m dumb lol. Pot kettle chortle
Cause you’re gutless worthless f#^&
Come at me cun7
Do you think that maybe that’s why you have extreme fears? Best to just do party supplements.
What are party supplements? To me thats all amphets hallucinogens and benzos….
Only person more faggy around here than [email protected] is you
At least we can agree on that
Same as it ever was
Heads
I search myself
I want you to find me
Kys
Talentless is your lane
Stay there and STFU
Cmon man, you earn fat stacks and can get as fckd up as you want and yet you hang around here getting trolled by peasants. Fck that’s sad lol
Cause I H8 you all
We’re all in this together
Said nobody in the gas chambers
You ain’t smart or funny, knob
Try me
Divinelys
$111,000 fines flagged for Facebook comments under cyber bullying crackdown
https://www.news.com.au/technology/online/social/morrison-government-proposed-new-online-safety-reforms-to-tackle-adult-cyber-abuse/news-story/b51ff68d3cf981fd6ee91759628962df
This is only just the beginning. People with anything to say will be ignored ( like Macrobusiness has been for years ) and anyone who does speak up, will be fined.
Government will have complete control to excercise whatever corruptions it wishes, without citizen response.
Tiny steps. Just little steps. Little steps each day towards the path of Communism. You’ll be wishing for suicide before long because it’ll be the easier alternative then what the Government has planned.
Being Australian doesnt mean much anymore. Your only valuable if your Chinese. Your seeing it already because you know, the Chinese have money ( or some other BS excuse ).
The young will be murdered off so Australia can be conquered.
Cool story bro
Crackhead
What now?
https://twitter.com/migtronix/status/1341717663114960896?s=19
Punk ass
That’s not Communism bloke. It’s something closer to Authoritarian Kakistocracy.
Little steps each day towards the path of Communism.
LOL.
Conservatives: still squeezing the dry, withered tit of McCarthyism, in 2020.
It ain’t Communism coming for you, bloke, it’s neoliberalism, feudalism and fascism.
Its just so incredibly pathetic how people cant see this. Their indoctrination clouds their ability to think and reason.
The Western world is becoming increasingly controlled by the will of a Plutocracy that couldn’t be any farther away from Communism!
Even the “Communists” of the CCP leadership are more Aristocratic than communist! and among the richest people on earth!
@Mathias +11.
One way or another
Here on this mountaintop, oh-oh-oh
I got some wild, wild life
I got some news to tell you, oh-oh
About some wild, wild life
Here come the doctor in charge, oh-oh-oh
She’s got some wild, wild life
Ain’t that the way you like it, oh-oh?
Living wild, wild life
Mig is talking heads again
gold hanging for dear life again.
The tide is high but I’m HODL on
How the absolute fcuk do you know that lyric? Please tell me google made you do it.
(no one should have to suffer that song post its era)
Tripper
Nah. I wish. Just bordering on empathic drunk uncle.
I told you to buy Quantumscape and Cliffs did I not?
views?
https://brandnewtube.com/watch/urgent-news-about-the-covid-19-vaccine_botqwzI8R7UUVY2.html
16.3m.