All nations have a vested interest in an ecology which is sustainable. China is quite aware of its role and the subtle pros and cons of its size and power. We should all esp this year be more aware of political regimes versus the voice of the ...

Australian prime minister slams China over trade bullying

The Chinese people have very fresh memories of 1937 this aside from the CCP. The Chinese people also have mistrust of CCP and the West ought to be working on that angle. By attacking the CCP the West tends to strengthen the CCP position vis a vis ...

Japan stands by Australia in its battle against China

Economics 101. Try it out.

Fitch Analyses Sovereign Rating Implications of Full Dollarization

Big picture is that safe havens versus commodity currencies still favors safe havens and very low volatility in exchange rates. Three reasons still attend. 1. Pandemic uncertainty. 2. World trade and associated US democracy uncertainty and 3. GFC ...

AUDUSD lacks convincing drive to alter neutral state

Russia has much more risk in its domestic currency to worry about USD exposures and has done so for at least 25 years. Check out the charts. When you become a country with a dictator, excessively rich dictator friends, low credibility in its dealing ...

US ‘De-dollarization’ is part of policy to manage foreign currency risks: Russia central bank...

This is minor technical news like throwing a cabbage at a Brontosaurus, and nothing more will become of it once its lack of importance is digested. The world is still in the midst of recovering from (dealing with) three crises - GFC, USA contrived ...

It Begins: The Fed Will Outright Sell its Corporate Bonds & ETFs

The usual contrast is between uncertainty and risk. And the usual answer is that risky things have some sort of probability. It would be highly risky to propose that I will win Wimbledon this year and low risk to propose that I will not be alive in ...

Uncertainty and Risk Aversion – Before and After the Pandemic

The big picture is that the AUD is starting on a long trend upwards punctuated by anxiety about the recent past and the long period since God's Own had a time in the sunshine (2013). The three crises continue to threaten more positive views about ...

No surprises from the RBA

Central Bankers have been taking note since the energy crises of the 1970s. There are many other sources of uncertainty such as, and not the least, the lack of commitment of USA to democracy with 40 to 50 million Republicans committed to an ...

Central Bankers Need to Take Note of Transition to Clean Energy

Excellent news. I don't care about the initials but I love the sentiment. While USA, Europe and possibly China continue to hedge their bets on being Super Powers first, and world citizens second, it is essential that we celebrate progress in the ...

TPP Members Agree to Start Process for U.K. to Join, Japan Says

Hopefully behind the scenes there are legal activities to counter these cyber attacks. I can understand that the specifics need to be confidential but a generic analysis of what is actually involved could be reassuring and trigger helpful ...

JBS: World's largest meat supplier hit by cyber-attack

Many things make a record high everyday including things which are very relevant to share prices. So if your companies are not making record highs (including dividends) on a total return basis then that is a very ugly scenario. And the things making ...

Australian shares drop from record high ahead of Reserve Bank decision

AUDUSD on uptrend so look to buy on weakness. USD politics just a mess so don't buy a mess.

AUD/USD May Wilt on RBA, Falling Iron Ore Prices

Another boring chapter in Scotland's long history of disunity and lost opportunity for its youth.

Scotland’s Nationalists Win Vote to Set Up Independence Clash

Benjamin Franklin would be disappointed to see himself still fronting the greenback given the events of Jan 6 and Republican support for more such events in the pipeline.

U.S. Dollar Index (DX) Futures Closing Price Reversal Bottom Forms on Close Over 90.215

It is not a bad thing to make capital gains on your investments. It is a necessary thing. But it is essential that the tax policies be fair and even handed if they are to be effective. Tax policies are almost never fair and almost always political. ...

House prices reach record high for second month in a row in April

The political backdrop to USD remains a big problem with the majority of Republicans stubbornly indicating the last election was rigged thereby indicating that democracy in USA is broken and needs some kind of regime change. Such evidence in other ...

The US Dollar Remains on the Defensive

Billions of dollars and one life each.

Melinda Gates files for divorce from Bill claiming marriage 'irretrievably broken', court docs...

Since inflation and bond prices are negatively correlated bond holders should always be concerned by the threat however small.

BlackRock’s bond boss, overseeing trillions, says ‘every client’ is worried about inflation

This is a useful opening gambit to a huge and important debate and the references have titles which are tantalisingly more realistic than the article. The West was generally hugely supportive of free trade in goods which were capital intensive ...

China and the WTO: How can they work together better?