Wednesday, 06 September, 2023
(Bloomberg) — Investors largely betting against a European Central Bank interest-rate increase next week are “maybe” underestimating the likelihood of it happening, according to Governing Council member Klaas Knot. Klaas Knot While a slowdown in the euro zone’s 20-nation economy is sure to damp demand, updated inflation projections won’t differ much from the last round in June, the Dutch central bank chief said. Whether such an outlook, which only just envisages price gains returning to […] Read More
Wednesday, 06 September, 2023
(Bloomberg) — European Central Bank Governing Council member Francois Villeroy de Galhau said interest rates are near a peak, but declined to indicate if that means the institution should hike or hold next week. “I’m not going to say today what we will decide Sept. 14, all the more so because our options are open for this meeting as they are for following meetings,” the Bank of France Governor said on BFM Business. “But I’m […] Read More
Wednesday, 06 September, 2023
*ECB’S KNOT: FURTHER HIKE IS A POSSIBILITY BUT NOT A CERTAINTY *KNOT: ECB INFLATION OUTLOOK WON’T DIFFER MUCH FROM LAST QUARTER *KNOT: MARKETS ABSORBING BALANCE-SHEET SHRINKING `QUITE WELL’ *ECB GOVERNING COUNCIL MEMBER KNOT SPEAKS IN INTERVIEW *ECB’S KNOT: WOULD CAUTION AGAINST TOO MUCH PESSIMISM ON ECONOMY *KNOT: RELUCTANT NOW TO REVISIT GUIDANCE ON PEPP REINVESTMENTS *SNB 7 DAY DOLLAR REPO RATE AT 5.58% *KNOT: WOULDN’T BE HAPPY IF INFLATION ONLY REACHES 2% AFTER 2025 *ECB’S […] Read More
Friday, 25 August, 2023
Powell Remarks Friday at Jackson Hole (Full Text) By Katia Dmitrieva (Bloomberg) — The following is a reformatted version of prepared remarks titled “Inflation: Progress and the Path Ahead” that Federal Reserve Chair Jerome Powell is delivering Friday at Jackson Hole: Good morning. At last year’s Jackson Hole symposium, I delivered a brief, direct message. My remarks this year will be a bit longer, but the message is the same: It is the Fed’s job […] Read More
Friday, 25 August, 2023
No images? Click here AFR: Hordes of investors ‘stuck’ in painfully over-valued assets An unusual period of excess liquidity has helped equities and risky assets, but it is now unwinding and adjustment will be painful. Christopher Joye, portfolio manager, Coolabah Capital Investments Over at the AFR I write there are big secular shifts in asset allocation under way as large institutional investors suddenly realise that they are massively overweight illiquid assets and equities. […] Read More
Thursday, 24 August, 2023
{US} are you ready for JH: A range of speakers tomorrow outside of the two big guns 2000 NY / 0100 UK US – Jackson Hole Agenda Released 1005 NY / 1505 UK US – Fed Speaker: Powell at Jackson Hole. Text yes 1100 NY / 1600 UK US – Fed Speaker: Harker with Bloomberg TV 1130 NY / 1630 UK US – Fed Speaker: Harker with Yahoo Finance Live 1130 NY / 1630 UK […] Read More
Wednesday, 23 August, 2023
(BBO) Can Oxbridge Save Harvard From ChatGPT?: Adrian Wooldridge Read More
Tuesday, 22 August, 2023
UST ROLL REPORT :: First Notice 31st August Barc and citi roll views attached below 30yr Ultra 9% complete -1-15 / -1-14.75 {wnwn Comdty gip10} 30yr 13% complete -05 / -04.75 {usus Comdty gip10} 10yr 6% complete -14/-13.75 {tyty Comdty gip10} been getting sold all through the london session 10yr ULTRA 3% complete -17.5/-17.25 {UXYUXY Comdty gip10} 5yr 8% complete -15.5/-15.25 {fvfv Comdty gip10} we have been buyers alongside others over last few days 2yr […] Read More
Tuesday, 22 August, 2023
AFR: Higher rates crushing asset prices, again […] Read More
Monday, 21 August, 2023
Core UK inflation has begun to fall in past 2 months, ONS research finds Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found here.https://www.ft.com/content/6b0b8233-df20-457e-ac3e-9294e46d2e2c Core […] Read More
