Tags » Australia & NZ

Australian exports hammered

This chart from Westpac highlights Australia’s export misery:

Iron ore prices are falling faster than shipments are rising. Andrew Hanlan sums up the the problem facing the Australian economy: 43 more words

Australia & NZ

ASX 200: Support or resistance?

ASX 200 support at 5750, 5650 or 5550: which is most relevant? Judging by some of the questions received, I succeeded in confusing a number of readers. 113 more words

Stock Markets

Federal budget 2015: worst cumulative deficits in 60 years | Chris Joye

Chris Joye (AFR) on the budget deficit:

There are two critical differences in 2015 that make Australia’s current debt burden much more troubling than that serviced by previous generations.

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Australia & NZ

Dearth of capital investment

Interesting graph from RBA governor Glenn Stevens.

A striking feature of the global economy, according to World Bank and OECD data, is the low rate of capital investment spending by businesses.

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US & Canada

Why our prep-school diplomats fail against Putin and ISIS | New York Post

“Why do our “best and brightest” fail when faced with a man like Putin?” Ralph Peters asks. “Or with charismatic fanatics? Or Iranian negotiators? Why do they misread our enemies so consistently, from Hitler and Stalin to Abu Bakr al-Baghdadi, the Islamic State’s self-proclaimed caliph?” 203 more words

US & Canada

Deflation in Australia?

The Eurozone experienced negative CPI growth over December/January.

Australia shows consumer price growth declining at the end of 2014. The next CPI update (Q1 2015), at end of April, is likely to reflect further slowing. 14 more words

UK & Europe