International Communique No.210 – SEPTEMBER IS HERE
Higher customs duties, whacking USD 125bn of Chinese imports with a 15% tax, became effective as of the 1st. According to China, this measure marks a turning point in the [...]
International Communique No. 209 – WHEN THE TWEETS START TO SQUAWK
The trade tiff between the US and China took a nasty turn last week, overshadowing the meeting of central bankers at Jackson Hole. The Chinese have hit back by imposing [...]
International Communique No. 208 – FED AT THE HELM
Last week the US yield curve – specifically the segment between ten and two-year Treasury bonds – briefly inverted, triggering a wave of panic in equity markets. An inverted yield [...]
International Communique No. 207 – STORM WARNING
Volatility in equity markets worsened last week in response to a string of disappointing economic stats, to the bombshell in Italy that has plunged the government into crisis and to [...]
International Communique No. 206 – CUSTOMS WAR
“Insurance”, to ensure that growth does not splutter mid-cycle: that’s how Fed chair Jerome Powell summed up the 25bp rate cut that he had just announced last Wednesday, pouring cold [...]
International Communique No. 205 – FED LINES UP FOR ITS TURN
Risk assets have continued rising, driven primarily by expectations for expansionary monetary policies accompanied by extra blasts of liquidity. Meanwhile the yield on the 10-year Swiss government bond has slid [...]
International Communique No.204 – TO THE MOON OR BACK?
Fifty years ago, on 20 July 1969, a person set foot on the moon. “One small step for man, one giant leap for mankind,” said Neil Armstrong. This achievement crowned [...]
About our artist, Chern’ee Sutton
Chern'ee Sutton is a proud Aboriginal artist and Kalkadoon woman from the emu foot province around the Mount Isa area in North West Queensland. We’ve elected to profile Chern’ee’s artwork [...]
The Giles Wade Foundation
The Giles Wade Foundation was established in 2014 with a primary purpose to provide assistance for the education, training and support of Indigenous people. Through the Giles Wade Foundation, we [...]
International Communique No. 203 – DRIVEN TO NEW HEIGHTS BY THE FED
Last week’s testimony by Jerome Powell to the US Senate bolstered investors’ belief that short-term interest rates are indeed headed downwards. Powell’s remarks sent the S&P 500 index to a [...]