Macro Afternoon: 15 April, 2021

By in Miscellaneous

| 76 comments

ASX 200

 

Gold

 

Brent

 

Nikkei 225

 

Hang Seng

 

Nasdaq 100

 

S&P 500

 

FTSE 100

 

GBP/USD

 

EUR/USD

 

AUD/USD

 

Bitcoin

 

 

 

Australia – Unemployment, UnderEmployment & Underutilisation

 

Employment – Selected Nations 2020 – 2021

Ritualised Forms
Latest posts by Ritualised Forms (see all)

Comments

    • The Travelling Albatross

      Who cares as long as SFM and Co got their Pfizer low cholesterol injections the rest can wait…and be very lucky if we got the high cholesterol clot forming other vaccine

    • Ritualised Forms

      Sorry dude, Chris is on a break, and I wouldnt give a knob of nannygoat poop for my own market commentary.

      I can observe that almost all things are on a little ripper given the USD back off. Like DLS I very much tend to buy the idea that the US will lead things from here, and that their economic rebound will bring their dollar and commodities they deploy back front and square, as the macro backdrop.

      Beyond that I would observe that the Aussie Dollar twin head might be the mother of all sell signals for my own benighted land – but only an idiot would try and trade on that basis.

      • FUDINTHENUD

        Whilst you’re in the mood.. Is it a good idea to extract the equity in ones house and use it to 10x leverage into cryptocurrencies and NFT art? Asking for a friend.

        • Ritualised Forms

          No, it is a better idea to wait until later in the year as Australian house prices surge ever higher, then to sell out and plough the entire wad into Russian Roubles, which will receive another kicking after another range of sanctions are announced this eve (including banning US Banks from buying Russian Government bonds [OFZs]), but otherwise wont have much impact on an otherwise surprisingly resilient Russian economy which at this moment probably has about the strongest underlying position of any major economy in the world courtesy of a decades worth of previous financial sanctions.

          I should add that your truly deranged hard core speculative type could take a peek at Russian houses, and Russian University courses, as potentially superb value in a world looking rather Mr Creosote-ish.

          Nobody – Absolutely nobody – should construe anything written here as trading advice.

        • LSWCHPMEMBER

          I have a friend whose wife…she’s Chinese and likes a flutter…..persuaded him to extract all the equity in their house and invest in the booming share market. He’s not that kinda guy and wanted to buy a bigger house for their young family, but “happy wife, happy life” so he did as ordered. This was back around 2008, literally weeks before the GFC kicked off. Their newly purchased high value shares turned to dust, and thirteen years later they are still living in the same small cramped townhouse they started out with that barely held their three kids, only today the kids are at still at home and in their early twenties. Five adults in an inadequate house, and they’ve only just paid off the debt from the blown-up shares they bought in 2008.

          Why they’re still married I don’t know.

          I say this as a cautionary tale.

          • The Traveling Wilbur

            Not Sunrise viewers then?

            (anyone who gets that reference probably only recently bought a house and deserves/needs a hug too – happy to oblige 🙋)

  3. ITAgMEMBER

    CB is on leave. RF is moonlighting on his 6th other job outside his full-time work.

    Thanks RF>

  5. Hugh PavletichMEMBER

    New Zealand’s housing hell … watch them flee to Australia in droves …

    Todays REINZ report for March …

    Housing market heading for the stratosphere as prices and sales volumes rocket up … Greg Ninness … Interest Co NZ

    https://www.interest.co.nz/property/109957/housing-market-heading-stratosphere-prices-and-sales-volumes-rocket

    https://reinz.co.nz/residential-property-data-gallery

    Prime TV last evening investigative programme on New Zealand’s apartment construction disaster ‘A living hell; Apartment disasters’ full programme just posted on its website. Essential viewing …

    A living hell: Apartment disasters (trailer and full doco) … Prime TV New Zealand

    https://www.primetv.co.nz/a-living-hell-apartment-disasters

    … catch up with the latest residential rental trends in Australia …

    Melbourne could soon become the cheapest city for renters, while Canberra remains the most expensive … Gareth Hutchens … Australian Broadcasting Corporation

    https://www.abc.net.au/news/2021-04-15/melbourne-could-be-cheapest-city-for-renters-domain-rent-report/100068780

  6. reusachtigeMEMBER

    I’m really suffering from the loss of Carla Zampatti. I can’t believe it’s not being talked about here as her passing and funeral today represents the end of an era in fashion and design.

    Everyone I know is crushed by this and it’s the most important news going around. The people I know are the sort of people everyone looks up to so they represent the right way to feel about these things.

    Not only was Carla a fashion icon she was on the board of SBS for many years and promoted vibrancy and a boosted intake of good foreign types maybe to try and improve the failings of inbred Australians. We need many many more of her!

    • The Travelling Albatross

      I disagree, Working from home means less congested roads, better environment and longer life for vehicles.
      And I can travel between jobs quicker 😆

  10. migtronixMEMBER

    Forces of evil in a bozo nightmare
    Ban all the music with a phony gas chamber
    ‘Cause one’s got a weasel and the other’s got a flag
    One’s on the pole, shove the other in a bag
    With the rerun shows and the cocaine nose-job

      • MathiasMEMBER

        Yeah yeah… Golds gonna fall. I know where your going with that sling.

        But yeah, ah… You making money right now? I am. Actually, I was thinking I should be buying shares in Domino’s Pizza lol I think Im there best customer.

        Tradings a matter of Timing Mig. Long GU as of this time. Just waiting for the swing. Give it an hour or so and I might not be. Its all about the timing.

        So its trading calls your interested in. Sounds fair, I suppose. Do you trade currencies at all?

  12. SweeperMEMBER

    how can bitcoin be a safe asset when it’s not an obligation of the monopoly issuer of violence?