See the latest Australian dollar analysis here:

Asian share markets are no longer unsettled as the realisation that an adult will be in the Oval Office in a few days kicks in the risk spirits with broad gains across most markets and S&P futures looking bright for the return of traders from the US long weekend. Bitcoin is a bit disappointing, not going anywhere and still stuck below the $37,000 level, still unable to find a bid to get it back up to the previous $40,000 high:

The Shanghai Composite is flat, currently hovering just below the 3600 point level while in Hong Kong the Hang Seng Index has soared higher, breaking out significantly again with a 2% plus session, well above the 29000 point level. Japanese markets are in reverse mode, taking back all of Monday’s losses with the Nikkei 225 closing 1.3% higher to 28616 points as the USDJPY pair jumps above the 104 handle after threatening to break down into a retracement below the 103.50 level after being in stall mode yesterday:

The ASX200 made a solid advance, closing 1.2% higher to 6742 points, heading straight back above the 6700 point level despite the Australian dollar putting on gains as well, with the Pacific Peso lifting back above the 77 handle in a short term swing play higher on the better risk mood:

Eurostoxx and S&P futures are picking up sharply going into the London open as traders return to their desks on Wall Street, with the four hourly chart of the S&P500 showing a 0.6% surge as price tries to get back above the previous weekly support level:

The economic calendar has two very important releases tonight, both German centric (and hence European centric), the latest inflation figures and then the closely watched ZEW survey.
- Macro Afternoon - February 26, 2021
- Macro Morning - February 26, 2021
- Macro Afternoon - February 25, 2021
Can’t wait to see pardons list.
I don’t think you’re on it Mig….
It still going to be an interesting read!
I hope he pardons a wrestler for a particularly underhanded act at a wrestling event.
As long as it’s not Jim Duggan.
Beg your pardon Mrs Arden, there’s a turkey in your garden.
Gobble gobble 🦃
Folks look past Trump’s achievements and focus on his decorum to determine how good a president he is/was. Luckily for Biden, the same criteria will apply. Cue fawning media coverage. Maybe they should award him a Nobel peace prize already.
Ok.
Yep, Trump was still an inept turd.
Lowest black unemployment in history. Highest rate of growth for minority-owned businesses in history.
Oh well, back to the Democrat plantation for them.
I know some American right-wing White nationalists. They are so tied up in race and hate that they couldn’t sell the positive message of Trump’s accomplishments.
I know some American right-wing White nationalists.
“Statements that shock nobody for $200”
Yes Chris – to understand Trump’s support, we must think in terms of multiracial Whiteness:
https://www.washingtonpost.com/opinions/2021/01/15/understand-trumps-support-we-must-think-terms-multiracial-whiteness/
That way all the coloured and Hispanic people who voted for him were actually being racist, because they were really just thinking ‘white’. All those passionate black supporters of Trump? Obvious rac!sts.
The number of mental backflips you’d need that in order to accept that reasoning is only appreciable if you have a couple University degrees.
But yeah rac!sm was Trumps main appeal.
🥱
Don’t care. He is farkn awesome. Love that bloke!
It is possible to be a graceless fcukwad *while* being totally incompetent you know. They’re not exclusive attributes.
*waves at Scummo*
Not wrong. His comments today about Australia being a smart country and being able to do two things at once have been boring a hole in my schadenfreude detector all day.
Shame he didn’t mention that statement didn’t apply to Parliament passing more than one piece of legislation at a time or calling an RC *and* implementing its recommendations.
PS How are the lamposts and ropes futures in the US looking for the rest of the week? Asking for a friend.
RC’s aren’t called with the intentions of implementing recommendations. If parliament wanted to implement stuff they would set about passing some poorly though out laws with unintended consequences, not waste a year or 2 on an RC.
Trump was the first president to call out China. On that issue he was 100% right (and he was saying this since the 80s – opposing Nafta and the off-shoring of jobs).
The first administration since Carter to not start any new wars. Again consistent with his message of why do we get in wars that aren’t their business – no profit in it.
So those 2 are pretty big accomplishments in a bi-partisan sense. His stacking of the Supreme Court and Tax Cuts are also pretty decent achievements for a Republican president.
Didn’t say dumb, or ignorant, or clueless. E.g.:
‘China strategy’ = looser trade war
Because incompetent.
Thought he knew better than all those diplomats and public servants who literally resigned rather than stick around for the inevitable carcrash.
Incompetent.
Wrong. Sad.
Didn’t get reelected. Irrelevant looser.
https://www.smh.com.au/politics/federal/china-talent-programs-may-be-accessing-australian-technology-linked-to-grant-fraud-20210119-p56v8h.html
Well this is unexpected ……………..
wasn’t really a secret. I read about this few years back but looks like Lab and Lab govs ignored it.
And yeah, that “treasonous” ABC reported there were concerns about this activity few years ago too.
Nah. Think the ScoMo principle: they had a go and they got a go?
No matter the outcome in the next half-hour, this Indian effort with half their best XI missing is nothing short of amazing.
Don’t disagree. But the lack of a sense of urgency and ruthlessness by the Australians has been woeful this test and last. The seemed to think they would cruise to wins.
We’re probably going to have to have that Mitchell Starc debate again soon as Cummins not getting the new ball is borderline criminal.
The problem was the crushing win in Adelaide gave a false sense of confidence and we got pumped in Melbourne. That was selectors fault as we kept burns in the team as a walking wicket. We thought we could carry him and hubris has a price – we needed to be ruthless in the selection room.
In 3rd and 4th tests Lyon is shown up as not a good bowler when the other side is adept at facing spin and Starc was out of gas. A total inability to take 20 wickets which is required to win a test match. Too much put on Cummins who bowled a tremendous number of overs over 4 matches.
Lyon is a good bowler, not a great bowler. Manages to suck a lot of batsmen into going after him and getting caught; gets very few of those classic offspin dismissals in either bowling batsmen through the gate, or getting them LBW. Compare and contrast to Graeme Swann; watching the later, he looked like he might pin a lefty on their pads or rip one through a right anytime.
Good on him for almost getting to 400, but I think he remains perennially over-rated.
I think you’re right. Imagine if he managed just 5 more wickets over the last day of the last 2 tests……….
I wonder if he’s cooked.
I heard an interesting comment by Josh Hazlewood the other day. He was asked how much he had learned about individual Indian batsmen after the failure in the 3rd test. He replied not much as he just bowls exactly the same to all of the batsmen. Pat Cummins is the only bowler we have that actually competes, the rest of them paint by numbers.
Hazelwood at least makes the ball talk enough that he’ll get an edge or move one back every now and them to catch someone on the crease. I like the variety that Starc brings but there are also times you feel he doesn’t have that wicket-taking ball in him.
Are there any other pacemen screaming to get picked?
wow
https://twitter.com/Rainmaker1973/status/1351424202193174529
Wow Indeed!
Yeah, met these bastards face to face at the back of a forest reserve in Brissie. Barely escaped with my life. Hundreds.. hundreds of angry, big, mofos …
Also, note that those are only the Japanese bees who know how to cook these wasps. European bee hives can be totally slaughtered by 5 or 6 of these monsters.
Ah, LNP meeting was it; your life was nearly ended by a bunch of little pricks?
Somehow I always knew it would be that.
need 10Y to hit 1.2 tonight and stay there until 11:00am tomorrow. That is all I am asking for rest of 2021.
More Trump from Becker. He should take a job at the ABC.
Yeah, thought malicious Trump cartoons were supposed to end after election … seems he can’t help himself.
Right on, brother.
Agreed. Trump Derangement Syndrome persists.
No doubt. It will switch to something else and not be about Trump anymore.
Look forward to the Biden cartoons ..and Kamala Hillary….should be fun
What will the ABC do now?
Well, being the anti Australian c nuts that they are, without a white trump to pick on, they will turn back on us, cos you know it’s OUR ABC
https://youtu.be/ya1GWB2AMnY
We really have become an ugly society……Gouging people for fresh air.
Hotel quarantine guests charged up to $1,400 extra for access to a balcony
https://www.abc.net.au/news/2021-01-19/hotel-quarantine-guests-charged-up-to-1400-extra-for-balcony/13067440
BS. Supply and demand. It was an extra $100/night over 2 weeks. Not exorbitant. Do you expect the balcony rooms should go to a lottery or something? You want the balcony you pay for it.
Is everyone on here a friggin evil commie?
Reusa knows this. You always pay extra for the special services.
I’m not. I agree with you. Not sure how or why anyone can see it differently.
This is why leftards are okay with immigration. If there are balconies, carspaces, water, everyone can have it. They do not understand maths.
Can’t all those things be rationed with a good five year plan?
Too right. Plus what’s the point of putting them in quarantine and then giving them a balcony they can breathe and hoik all over each other from. Der. Shouldn’t be allowed anyway.
Waiting for Scomo to sell 49% of Australia’s air to a private equity lead consortium…….it will improve efficiency ……and we can market it to the poisoned
gasping world ….a new export industry.. ( just need the consumers to move to castle hill )
After all if you can sell your country’s water why not their air…( and if you really want to up sell there has to be a market for your country’s virgins too .
Straya has a bright future ….
I read that as the metal. Free market purchasing the rights to permanent neurological damage.
https://www.abc.net.au/news/2020-11-23/lead-levels-highest-in-port-pirie-toddlers-since-testing-began/12910816
And happy clappy too.
So now if your a sports star and you test positive its not really a positive, its virus ‘shedding’ which is all fine. Remember, only the rich and famous can virus ‘shed’. Everyone else is infectious.
Special people like bankers and real estate agents are vectors… They have magnitude and direction.
I’ve always enjoyed a good physics joke, thank you…
Now why the heck would the above line have needed moderation????
Well for starters using “thank you” is way out of line.
“An adult in the Oval Office”? More like a walking corpse…
Imagine loosing an election to a carcass. What a looser.
Well look at what Hillary lost to.
Yep. Lost, took it on the chin, called to concede, barely uttered a word.
Compare and contrast.
The democrats and Hillary spent the next three years claiming the election was stolen.
At least they waited until election day to do that.
People were so desperate to get rid of Trump they voted for Biden in record numbers. Trump was dangerous for democracy. End of story.
Correct. It really was barely about anything else.
How about inciting insurrection on the election process and sowing doubt into the minds of millions as to the validity of the election process and security of vote counting?
Malaysia …
85% of professionals in M’sia consider remote working options ‘more important’ to them after pandemic — Hays report … The Edge Market
https://www.theedgemarkets.com/article/85-professionals-msia-consider-remote-working-options-more-important-them-after-pandemic-—
https://nypost.com/2021/01/18/1-in-8-recovered-covid-19-patients-die-within-5-months-study/
Good news …
Maybe because those ones are like 💯 years old or something? And just to make it clear, these are of hospitalised victims.
Some attempt to forward ignorance as a substitute for knowledge, strangely or not this seems to be highly correlated to some concocted out of whole cloth ideology = short cut to shaping reality through belief alone.
Remember that like Rapture … Suffering is a good thing …
Thanks Chyna
Seem some countries are not having the same dramas with infection as others … why …
Because they can quarantine them down the barrel of a gun?
lol that’s hopeless
The only question is if the information is accurate or not and how that conflicts with some peoples psychological issues.
Genetically engineered in Wuhan to only kill large numbers in 5 eyes/Round eyes countries?
Is that where ya coming from Skipp?
Eh … not unless it was engineered to target those with some ideology rolling around in their heads …
Skipper using the NY Post as a source? Snigger…
Given the age and comorbidity profile of the typical COVID admittee, it wouldn’t be surprising that 1/8th of them are dead within 5 months.
Sweden’s deaths for 2020 being 3.5% above the 5-year average deaths is pretty much all you need to know. Even then, there’s evidence that the excess 2020 deaths are just deaths that didin’t occur in 2019 due to the weak flu season that year. Indeed there’s a strong inverse correlation across Europe of flu deaths in 2019 to COVID deaths in 2020.
The ones that die from long covid is one thing … the ones that live and experience the totality of said conditions is another thing.
Looking at that sick cartoon, I hope that prick comes across some turd traps!
If my memory serves me correct which is a slim chance, I recall the exact same cartoon with Obama slumped over a broom or something … but that’s probably inappropriate now
New Zealand …
… Building supply shortages nationally … with Selwyn Council area (adjoining Christchurch) busier now than post the earthquakes ! …
COVID-19: Building industry facing supply shortage due to shipping delays … VIDEO … Holly Henry … Newshub NZ
https://www.newshub.co.nz/home/new-zealand/2021/01/covid-19-building-industry-facing-supply-shortage-due-to-shipping-delays.html
… extract …
… Selwyn, the fastest-growing region in the country, has seen record numbers of building consents.
In 2020 The Selwyn District Council saw record numbers of building consents – a 26 percent increase on the previous year – higher than their peak in the post-earthquake rebuild.
Currently, there is such a backlog of work, the Council is urgently seeking staff to meet demand.
Meanwhile, tradies are doing their best to source the finishing touches. … VIEW & READ MORE via hyperlink above …
.
.
… Check Selwyn Councils monthly consents numbers and (standard industry measure) ‘consents / approval rate per 1000 population per annum’ … WOW ! …
Building Consents Issues – November 2020 – Statistics NZ
https://www.stats.govt.nz/information-releases/building-consents-issued-november-2020
Australia detached housing construction … massive lift …
… Why is the dilatory New Zealand Ardern Labour government failing to allow Kiwis and the construction sector to compete with Aussies ? …
… Why allow the flight of housing deprived and aspirational Kiwis to Australia to resume ? …
November 2020 – Building Approvals … Australian Bureau of Statistics
https://www.abs.gov.au/statistics/industry/building-and-construction/building-approvals-australia/latest-release
interesting read on Tether and if true, risk are massive. BTC and rest can crash real bad real fast.
https://crypto-anonymous-2021.medium.com/the-bit-short-inside-cryptos-doomsday-machine-f8dcf78a64d3
I think Stewie posted this on the weekend, but a fascinating read. Is Tether the cause or the effect?
I think I’m happy to sit it out when we find out.
Punch line is some call it investing … at least in the old days they would lube up the crowd with alcohol first …
I bought another $200 worth of BTC today. So now you know it will crash hard and fast.
Some things ya just cant unsee
https://twitter.com/ErmoPlumber/status/1351404172181086213?s=20
Are you a homo bloke?
I didn’t pick you as someone who was into Hill Billy fatties Reus.
Ever since your “Power walking” revelation you’ve managed to disappoint me again and again.
You used to be someone I, very begrudgingly, respected.
Not anymore,…”Bloke”
Reusa is the alter ego of Harry
I’m tipping Reusa would give motorboating a red hot go on those.
lol
An ‘artist’ sat for hours in front of those cans for their art…bloke
Lol
#Scottythefkwit is trending on Twitter
https://twitter.com/linmit65/status/1351469301186715649?s=20
Good piece on the fruits and nuts chroming the selected vapors of others and then confusing themselves of being the chosen ones to ring in freedumb …
https://www.propublica.org/article/inside-the-capitol-riot-what-the-parler-videos-reveal
FBI is going to have a field day
Cough ….
The Capitol Riot Revealed the Darkest Nightmares of White Evangelical America
How 150 years of apocalyptic agitation culminated in an insurrection
As law enforcement authorities and media outlets track down and identify these insurrectionists, we are beginning to understand who they are and what they wanted. Amid the QAnon adherents, antisemites, neo-Confederates, and revolutionary cosplayers were the evangelical faithful: those who see themselves as the vanguard of God’s end-times army. Their exultant participation in the riot represented some of the most extreme political action that any group of evangelicals has taken in recent history.
New year, new adminstration sale:
These Christians apparently believe that they had no choice but to try to overthrow the Congress. For months, various evangelicals have claimed in sermons, on social media, and during protests that malicious forces stole the election, conspired to quash Christian liberties, and aimed to clamp down on their freedom to worship and spread the Christian gospel. They felt sure that the final days of history were at hand and that the Capitol was the site of an epochal battle. As one evangelical from Texas told The New York Times, “We are fighting good versus evil, dark versus light.”
https://newrepublic.com/article/160922/capitol-riot-revealed-darkest-nightmares-white-evangelical-america
Now where have I heard that before …. ummm ….
how far are we from the elections?
https://twitter.com/SusanSmithAus/status/1351370956904701953