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notices and features - Date published:
5:30 pm, September 6th, 2022 - 11 comments
Categories: Daily review -
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Australian Reserve Bank raise rate by 0.5 points bringing cash rate to 2.35.
https://www.rba.gov.au/
Australia also recorded a significant trade surplus of 43 billion,and a current account surplus of 18 billion the 13th surplus in a row (NZ has had 1 quarter surplus in 40 years)
Trade increases in coal reached 100 billion (primary FF through roof) showing that not all that glitters is gold,as capital outflows and financials had a net deficit of 18.7b
https://www.abs.gov.au/statistics/economy/international-trade/balance-payments-and-international-investment-position-australia/latest-release
NZ trade figures have been suppressed by Statsnz until the current account release this month.
The March 22, quarter was published in June.
Expect the June 22 this month.
They suppressed the trade index (due to marsden point closing)
Latest Roy Morgan Poll….indicates we are now “firmly” divided by gender………really?
https://www.roymorgan.com/findings/9064-nz-national-voting-intention-august-2022-202209050524
What is the definition of woman or man? Any one who identifies as woman or a man?
AB IPO on hold?
https://twitter.com/business/status/1567033862240313344?cxt=HHwWgIC93di_nL8rAAAA
Pay 'fizzer Foster' out..and the CR will…succeed.
Europe Lehman moment underway,as energy subsidy's to consumers and business being rolled out and margin calls on energy company's start.
Europe customer subsidies so far (for energy cap) is 350 b euro.
UK 130b pounds for customers,another 40b for business > 5% of gdp.
Finland announces 2.4b bridge for electrical company to meet first call on margins,Switzerland 4 b CFH for margin call for Zurich supplier (and trader)
https://twitter.com/BloombergNRG/status/1567076044854657031?cxt=HHwWjoCw2YXXr78rAAAA
Energy trading risks halt as margin calls estimated at 1.5 trillion $ (conservative estimate)
https://twitter.com/business/status/1567112391904710660?cxt=HHwWiMC-qdyawL8rAAAA
Oil prices go south as traders align to physical market,and Asian FX falls.
nothing a little nuclear energy can't fix.
An overview of scientific method in determining a course of action – such as the approach to be taken with the pandemic.