Daily review 06/09/2022

Written By: notices and features - Date published: - 11 comments
Categories: Daily review

Daily review is also your post.

This provides Standardistas the opportunity to review events of the day.

The usual rules of good behaviour apply (see the Policy).

Don’t forget to be kind to each other …

11 comments on “Daily review 06/09/2022”

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  1. 1

    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.

  4. 4

    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

  5. 5

    An overview of scientific method in determining a course of action – such as the approach to be taken with the pandemic.



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