Thursday, 09 June, 2022
BOC 09-Jun-2022 15:00:00 – BANK OF CANADA SAYS IT IS PAYING PARTICULAR ATTENTION TO FACT THAT A GREATER NUMBER OF CANADIAN HOUSEHOLDS ARE CARRYING HIGH LEVELS OF MORTGAGE DEBT 09-Jun-2022 15:00:00 – BANK OF CANADA SAYS FINANCIAL SYSTEM VULNERABILITIES HAVE BECOME MORE COMPLEX, AND RISKS HAVE BECOME MORE ELEVATED 09-Jun-2022 15:00:00 – BOC: VULNERABILITY ASSOCIATED WITH ELEVATED HOUSE PRICES INCREASED FURTHER OVER THE PAST YEAR; EVIDENCE IMPLIES OVERALL PROPORTION OF HIGHLY INDEBTED HOUSEHOLDS LIKELY SURPASSED […] Read More
Thursday, 09 June, 2022
And SOFR futures liquidity surpasses Eurodollars JUNE 2022 RATES RECAP SOFR First for Options yields impressive liquidity, record volumes CME Group’s SOFR First for Options initiative, which offers enhanced liquidity and a market-wide fee waiver on all SOFR options trades during the months of June and July, has yielded impressive results in early June trading. In the first five trading days of June: Streaming and RFQ liquidity has soared. The trading floor is playing a leading role in […] Read More
Wednesday, 15 June, 2022
Federal Reserve officials raised their main interest rate by three-quarters of a percentage point — the biggest increase since 1994 — and signaled they will keep hiking aggressively this year, resorting to drastic measures to restrain the rampant inflation they failed to forecast. Slammed by critics for not anticipating the fastest price gains in four decades and then for being too slow to respond to it, Chairman Jerome Powell and colleagues on Wednesday intensified their […] Read More
Wednesday, 15 June, 2022
(BN) Barclays Sees Fed Dial Back Hiking Pace to Half-Point in July Read More
Friday, 24 June, 2022
FED’S BULLARD:CURRENT MODELS PROBABLY NOT A GOOD INDICATOR OF RECESSION RISK 24-Jun-2022 12:42:12 – FED’S BULLARD: HOUSEHOLDS IN A GREAT POSITION TO SPEND GOING FORWARD 24-Jun-2022 12:43:54 – FED’S BULLARD: NO SIGN FROM HOUSEHOLDS THAT WE ARE IN IMMINENT STAGES OF THEM PULLING BACK MEANINGFULLY 24-Jun-2022 12:44:16 – FED’S BULLARD: SOME COMPONENTS OF GDP BEHAVING STRANGELY 24-Jun-2022 12:44:27 – FED’S BULLARD: INVENTORY ADJUSTMENTS HAVE BEEN VERY UNUSUAL 24-Jun-2022 12:44:50 – FED’S BULLARD: AM BULLISH ON […] Read More
Wednesday, 29 June, 2022
The US Federal Reserve is “just at the beginning” of raising interest rates to control inflation, the president of the institution’s Cleveland bank said. Loretta Mester said she wants to see the benchmark lending rate reach 3% to 3.5% this year and “a little bit above 4% next year” to rein in price pressures even if that tips the economy into a recession. “There are risks of recession,” Mester said in an interview on CNBC […] Read More
Thursday, 07 July, 2022
Steven Swinford @Steven_Swinford Breaking: Allies of the prime minister say he is going to resign this morning Read More
Monday, 01 August, 2022
white rabbits Read More
Monday, 07 February, 2022
FT – Fed and ECB still behind the inflation curve Central banks risk a pile-up of monetary policy tightening as inflation expectations become more embedded MOHAMED EL-ERIAN https://www.ft.com/content/79de1ec9-2249-4757-a744-10cea1afe5e5?desktop=true&segmentId=d8d3e364-5197-20eb-17cf-2437841d178a#myft:notification:instant-email:content In the past two weeks, a much brighter light has been shone on how and why the world’s most influential central banks are scrambling to regain control of the inflation narrative and contain further damage to their policy credibility. The key message […] Read More
Friday, 04 February, 2022
US JOBS DATA: – NFP +467k is a strong number after ADP headfake – Avg Hourly Earnings: moving higher on MoM and YoY basis – Unemployment increased more than expected but Under Employment (U6) edged lower. – Participation higher than expected. … Data enough to reinforce Fed hawkish bias, US rates @ 1.873% and Real Rates moving higher with a DXY rebound. ——————————————————————————-This message may contain confidential or privileged information. If you are notthe intended recipient, please advise us immediately and delete this message.The unauthorised use, disclosure, distribution and/or copying of this e-mail orany information it contains is prohibited.This information is not, and should not be construed as, a recommendation,solicitation or offer to buy or sell any securities or related financialproducts. This information does not constitute investment advice, does notconstitute a personal recommendation and has been prepared without regard tothe individual financial circumstances, needs or objectives of persons whoreceive it. Read More