See the latest Australian dollar analysis here:
Asian share markets have had a tepid response to the bounces on overseas markets from Friday night, with Chinese shares still spooked by the latest retail data showing the middle kingdom is slowing down appreciably. Currency markets remain constrained by a very strong USD with the Australian dollar reverting from its tiny fightback on Friday night, with oil markets also declining with some falls back to the Friday night starting position. Gold is failing to stabilise as it continues to look weak on all the charts, about to cross below the key $1800USD per ounce level next:

Mainland Chinese share markets are playing wobbly following the latest retail sales print with the Shanghai Composite currently down 0.3% to 3077 points while the Hang Seng Index has flat lined going into the close, currently at 19909 points. Japanese stock markets are doing much better with the Nikkei up nearly 0.6% to 26580 points while the USDJPY pair has pulled back from its small Friday bounce, now back below the 129 handle:

Australian stocks had a good session with the ASX200 up nearly 0.4% to 7100 points. Meanwhile the Australian dollar slumped on the open following the weekend gap, taking back all of Friday nights little bounce as it still fails to find a bottom here after making a new monthly low:

Eurostoxx and Wall Street futures are vacillating as we head into the European open with the S&P500 daily chart showing price wanting to get back above the 4000 point level but losing momentum following the Friday night bounce:

The economic calendar is very light with some Fed speeches and not much else.
- Macro Afternoon - July 5, 2022
- Australian dollar plunges toward two year low before RBA hike - July 5, 2022
- Daily iron ore price update (inventories rising) - July 5, 2022
Gemütlichkeit!
Gesundheit!
Yes I would – https://www.youtube.com/watch?v=fFW0OSZW27o
Orange 240z or 260 at 4:15
Can’t quite tell…
The media black out on the new Z ended today.
https://youtube.com/watch?v=tNZ30cLKMno&feature=share
https://jalopnik.com/the-2023-nissan-z-is-more-fun-than-the-toyota-supra-at-1848929310
Dunno about that grille.
Grille is emulating the old Z.
https://buyee.jp/item/yahoo/auction/r476282569?conversionType=service_page_search
I think it looks better in person.
https://www.motor1.com/photo/6414840/nissan-fairlady-z-customized-proto/
Having said that I do prefer the Tokyo Auto Salon car and the grille revision.
Insanity is the only constant
LNP announces an insane housing policy
ALP (not to be out done) announces it’s own insane housing policy
Australian public debates stupidity ALP style vs stupidity LNP style (it’s all
insane)
I don’t know what’s real anymore all that I can say with certainty is that it’s time for major change
Lets start with : Die Boomer Die
What did ALP announce?
Nah it’s same one. Shared equity one.
Fark me it’s all cooked.
And that’s uhh… German for ‘The’, right?
I really love that new hit song that goes …
“More taxes are coming,
More taxes, more taxes
There’s a hole in your budget,
dear Labor, a hole”.
Man that’s awesome stuff. I’ve got it on my playlist and just can’t get it our of my head. It won’t be easy under Albanese!!
It says a lot about the imbeciles that now must work in advertising agencies………and a lot about what the LNP who brief them
think of the intelligence of the Australian people ……………..then again , maybe the intelligence if the Australian people is falling
LOLOLOL! It’s an ace jingle bloke. Best one ever!
When river runs dry on repeat in there heads
What happened? Why are a lot of the articles unlocked now?
Why did Timmeh appear back out of the blue?
Just happened to be bored enough to see if the boys were still spouting the same crap. Im not sure what you are implying, but its not politics related. Purely coincidental. The reason I left was purely about the way the site was run circa two years ago, when almost everything was locked down, and even if you had several hundred thousand invested with them, they stil expected you to buy a subscription. Yes, i got the shits with them big time, even after fllowing them from year dot.
And of course my comment is awaiting moderation. Sigh.
Did you accidently mention that you are overj-o-y-e-d to be back?
No, i said the poo word in my comment.
I got a comment removed on FB because I shared an image of Louder with Crowder (change my mind meme) with its own slogan on the sandwich board and it got flagged as a dangerous individual / organisation being promoted. That good old Facebook AI doing a bang up job.
Re: “Why are a lot of the articles unlocked now?”
Capitulation. Years ago a couple of bogan investors thought up a model of earning high returns on certain assets.
The key feature of the “model” was forever diminishing interest rates. So they went on promoting the “MPs” as a substitute for effective IRs… Long story short, they are about to face up to reality.
New Zealand …
An Outside In View Of New Zealand Housing (IMF) … Martin North … Digital Finance Analytics / Youtube
https://www.youtube.com/watch?v=gdYsICOjQe0
https://digitalfinanceanalytics.com/blog/an-outside-in-view-of-new-zealand-housing/
It’s getting like old times…I summon the spirits of Mav, Ino and Wiley Wolf!
I thought Ino got reincarnated as F———-?
edit – scrap that, I now think I’ve got that wrong.
U wot, mate? That’s a new one – never been confused/accused like that before!
Aw crap! Me thinks the lady doth protest too much…
Ha!
Don’t forget Flawse
Will gladly forget the old man yelling at clouds! 😛 ino was good quirky value, Mig was insane, WW was completely full of poo!
Surprised Wolf isn’t on here listing his bets for the election, he cleaned up on Qld state election.
“Grandpa R, tell us again -who was skippy?”
W W is still here under a different name.
Check out the motley crew in this bogan post; wall-to-wall bogans https://www.macrobusiness.com.au/2011/02/boganomics/
I’ll bet askii is spewing
Is lbs still around ?
If LBS is the one that owned a house in the Brisbane marshlands known as Banyo, he took his family to the US because Aust no beuno, but didnt sell the house because, ya know, Aust ponzi and all.
Gave me the irrits, whinge endlessly about what’s wrong with the country then proceed to become paet of the problem….
bloody hell, celebrate diversity!
I’d pretty much forgotten that MB used to lean towards the cerebral rather than the clickbaitall.
Phew !
Glad I was not among that lot.
I was there when reusa broke character for one post. Truly the most important day of my life.
Do you reckon his day job is at the RBA?
No. There’s a trail of crumbs from his Mum’s garage to MB.
Lets try again, no doubt David will delete it like he did with many of my complaints…..
Just happened to be bored enough to see if the boys were still spouting the same crap. Im not sure what you are implying, but its not politics related. Purely coincidental. The reason I left was purely about the way the site was run circa two years ago, when almost everything was locked down, and even if you had several hundred thousand invested with them, they stil expected you to buy a subscription. Yes, i got the poo’s with them big time, even after following them from year dot.
Ammonia, the basis of most fertilisers of scale is made from Natural gas……these costs transfer to food next year
https://twitter.com/EIAgov/status/1523996564724846594
Ways that we used to use in the past will make a comeback……..animal fats back in demand
https://twitter.com/i/events/1525893386758135808
The worst thing to ever happen was for vegetable oils to replace lard at the chipper. Here we got brainwashed in the 80s/90s and dumped the animal fat deep fryers but in the UK/Ireland their chippers kept them and they taste so much better!!
https://wintersong.files.wordpress.com/2010/12/lard-pic-2.jpg
She’s even happier because he uses lard!
Duck fat is even better.
https://www.sbs.com.au/food/recipes/fish-and-chips-duck-fat
Schmalz forever!
https://world.openfoodfacts.org/product/40309736/ganse-schmalz-laru
Morrison going on 7:30 tonight.
Gee his polling numbers must look atrocious to bring on the Hail Mary’s.
What time’s it on?
8pm
Can you be more preciseTM?
7.30
Ha Ha just spent an enjoyable half hour shouting at the Box.
Unusually I couldn’t make myself heard for the derision being hurled by Mrs. B.
A bit of Melbourne noir…the old EJ didn’t hop sideways that much over that bump…
https://www.youtube.com/watch?v=Wl0fjSFKl8E
Prayer room Poodle lying as usual. Also Fran Kelly is terrible
https://mobile.twitter.com/strangerous10/status/1526111238173822976
Ah yes – that poodle. And Fran Kelly, she may as well be on the LNP payroll.
Heard Ponzi Perrottet lamenting “ a country that can’t house its children “ tonight on telly
Well FMD ………for how long have some of us been recognising this as Mike Beard and Gladys crowed about their strong budget performance build on stamp duty ………as they housed half of China’s children
An engineless Ford Falcon as your PPOR sounds sublime:
https://www.theshovel.com.au/2022/05/16/hospitality-worker-to-use-40-of-super-to-move-into-first-car/
And how much of our stamp duty have a succession of NSW LNP governments wasted on transport assets and infrastructure that cost billions more than they said, don’t work or can’t even be taken delivery of?
The Shovel is spot on:
https://www.theshovel.com.au/2022/05/16/woman-relieved-drain-her-super-increase-house-prices/
Yeah but
https://www.news.com.au/lifestyle/real-life/news-life/woman-with-naturally-big-boobs-details-hcup-horrors/news-story/970bc6e68f3de89f67c501d6fcbb2f90
The Murdoch press knows the most important issues to those ‘quiet Australians’ who votes for Scott Morrison.
https://www.betootaadvocate.com/advocate-in-focus/letter-to-the-editor-your-newspaper-has-become-quite-biased-and-that-offends-me/
Jenny Agutter on making the film Walkabout with David Gulpilil
https://www.youtube.com/watch?v=3JHjmTXbc3w
Some more Chats content!
https://www.youtube.com/watch?v=hrkuo0y8gMU
I think that mechanic is the guy from the cosmic psychos.
https://www.youtube.com/watch?v=Q954LxEzyY8