David Scutt

David Scutt


Anchor at @ausbiztv

23353 followers  •  1319 follow  •    •   http://ausbiz.com.au

Price pressures across Australiua's construction sector are 🔥🔥🔥 From the @The_AiGroup 

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Quite a turnaround in Dalian iron ore after this hit the wires [RTRS] - CHINA'S STATE PLANNER SAYS WILL CONTINUE TO CUT CRUDE STEEL OUTPUT IN 2022 [RTRS] - CHINA'S STATE PLANNER WILL STRICTLY CURB HOARDING AND DISSEMINATING FALSE INFORMATION IN COMMODITIES MARKET

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[RTRS] - CHINA CENTRAL BANK SAYS WILL ADD 100 BLN YUAN IN RELENDING TO SUPPORT COAL DEVELOPMENT AND TO INCREASE STORAGE CAPACITY #deCarBoNisATion 

Wouldn't be surprised if a 15bps RBA May rate hike is consensus by the end of the week. The time for words is over. It's time for action #auspol  #ausbiz 

JP Morgan now looking for a 15bps RBA hike next week

CBA retains view that RBA liftoff begins in June. Says it's a coin toss whether it starts with a 15 or 40 #auspol 

How anyone can say strong demand and accelerating wage pressures isn't contributing to inflationary pressures in Australia is beyond me. Go out and speak to business owners instead of burying your head in the some economic paper #ausbiz  #auspol 

Update on price movements for Australia's key commodity exports: 🚀🚀🚀 #auspol 

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Services inflation is more sticky than goods inflation. And it's accelerating. And it's not just being driven by rent and OER, it's broad. Fed waaaay behind the curve still. TD Securities charts.

Shorter Morgan Stanley: enjoy the bounce this week, it's unlikely to last

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Your daily Chinese thermal coal furtures update: down, again. -7% today, -37% from the recent highs

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I've been a massive advocate for @NSWHealth  throughout the pandemic period, but not today. The decision to shut #COVID19  testing centres over the weekend is ridiculous when you're telling people to get tested. The virus doesn't care what day it is! #covidnsw  @GladysB  @NSWCHO 

Commodity markets are broken. Global economy will be next.

Some informative charts on the Spanish Flu outbreak in Sydney back in 1919. There were two phases of #SocialDistancing  implemented. Can you guess when they were removed? Also note the timing when the worst of the outbreak occurred. From Macquarie #auspol  #ausbiz  #COVID ー19

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The Swedish co-founder of , one of the largest websites in the industry, has sold all his bitcoins because it’s “as good as useless”

Investors are selling Asian emerging market assets at the fastest pace since China devalued its currency ()

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Another rough night for thermal #coal  bulls. Chinese futures off another 10%, taking the decline over the past three days to 28%

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China's dominance of global commodity markets, in one chart (via @BIAUS )

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