9. Moosh time
8. Early roundup
7. Sweden
6. This one is embedded
5. The first news filtering through of a morn
… is usually that from the Antipodes, usually on Gab. ANV is my main source down there and he quotes newsdotcom:
https://www.news.com.au/finance/economy/interest-rates/cba-makes-call-no-aussie-wants-to-hear/news-story/ae9be45a2cadc5d665467ee795628466
After a series of RBA meetings that have resulted in the official cash rate being put on hold, Commonwealth Bank has warned the tide may be starting to turn in the favour of further rate hikes.
That’s not the only bad news if you have a mortgage.
CBA’s head of Australian economics, Gareth Aird, said on Tuesday that not only were further rate rises now a “near‑term risk”, but any cuts will also come slower than previously expected.
Most of the expected cuts will likely be pushed back to 2025, he said. He explained that strong population growth, driven by net overseas immigration, has put pressure on the Consumer Price Index.
“Most notably the housing‑related components,” Mr Aird wrote. “As a result, demand is stronger and so inflation is falling less quickly than otherwise.”
After a series of RBA meetings that have resulted in the official cash rate being put on hold, Commonwealth Bank has warned the tide may be starting to turn in the favour of further rate hikes.
That’s not the only bad news if you have a mortgage.
CBA’s head of Australian economics, Gareth Aird, said on Tuesday that not only were further rate rises now a “near‑term risk”, but any cuts will also come slower than previously expected.
Most of the expected cuts will likely be pushed back to 2025, he said. He explained that strong population growth, driven by net overseas immigration, has put pressure on the Consumer Price Index.
“Most notably the housing‑related components,” Mr Aird wrote. “As a result, demand is stronger and so inflation is falling less quickly than otherwise.”
CBA down there is one of the prime lenders, so to see more of the worldwide malaise start to come through ain’t good.
4. MftWC too
a. Military situation on Ukrainian frontlines on April 29, 2024 (Map Update) | https://southfront.press/military-situation-on-ukrainian-frontlines-on-april-29-2024-map-update/
b. Putin can sense fear. Reuters, $61B not enough for [The] Ukraine. EU flags at Georgia protest - Alex Christoforou | https://www.youtube.com/watch?v=-Z1M-6M6nTw
c. Russian ministry of defense confirmed full control of Semenovka, DPR | https://southfront.press/russian-ministry-of-defense-confirmed-full-control-of-semenovka-dpr/
d. Ukrainian army on the brink of collapse? NATO losses in [The] Ukraine, Kazakhstan in question, Georgia - Levan Gudadze | https://www.youtube.com/watch?v=vjW1sxOnuZ0
e. Russian assault in Krasnogorovka, DPR (Video 18+) | https://southfront.press/in-video-18-russian-assault-in-krasnogorovka-dpr/
f. Donbass falling. Crimean Bridge obsession. $320B Reparations Loan - The Duran | https://www.youtube.com/watch?v=2jMXS38C85w
g. London revealed secret supplies of Italian Storm Shadow missiles to [The] Ukraine | https://southfront.press/london-revealed-secret-supplies-of-italian-storm-shadow-missiles-to-ukraine/
b. Putin can sense fear. Reuters, $61B not enough for [The] Ukraine. EU flags at Georgia protest - Alex Christoforou | https://www.youtube.com/watch?v=-Z1M-6M6nTw
c. Russian ministry of defense confirmed full control of Semenovka, DPR | https://southfront.press/russian-ministry-of-defense-confirmed-full-control-of-semenovka-dpr/
d. Ukrainian army on the brink of collapse? NATO losses in [The] Ukraine, Kazakhstan in question, Georgia - Levan Gudadze | https://www.youtube.com/watch?v=vjW1sxOnuZ0
e. Russian assault in Krasnogorovka, DPR (Video 18+) | https://southfront.press/in-video-18-russian-assault-in-krasnogorovka-dpr/
f. Donbass falling. Crimean Bridge obsession. $320B Reparations Loan - The Duran | https://www.youtube.com/watch?v=2jMXS38C85w
g. London revealed secret supplies of Italian Storm Shadow missiles to [The] Ukraine | https://southfront.press/london-revealed-secret-supplies-of-italian-storm-shadow-missiles-to-ukraine/
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