Friday, 05 August, 2022
{US}{US} Some downside that’s been looking attractive: we have bought this in from -4 to flat.. breakevens are wildly attractive, but if the 1×2 isn’t good for your risk profile this stands out: SFRH3 96.00/95.625/95.25 put fly vs 98.25 call ppr sells 10k @ 0.75 selling the call (96.425) so you are receiving .75 to own the fly closing out the downside risk and selling the 98.25call against it in SFH3 175 bp higher . […] Read More
Tuesday, 02 August, 2022
boe -street views -Barclays: Expect a 50bp hike at the August meeting with a 7-2 vote as two members prefer a 25b move. Main drivers for the shift to 50bp is are energy prices once again pushing inflation even higher than projected, higher volatility in macro variables has forced other central banks to shed the gradualist narrative, and economic data especially in the labour marker shows a more aggressive approach is needed. They now see […] Read More
Tuesday, 02 August, 2022
*Evans: Fed Shouldn’t Get Too Excited Over One Bad Inflation Report –W *Evans: Focus Should Be on Where Policy Should Go Over Medium Term — *Evans: Reaching 3.25%-3.5% Rate Target by December Could Be Reasona *Evans: 50-Basis-Point Rate Rise in September Might Be Appropriate –W *Evans: Current Inflation Rates Unhealthy for Economy –WSJ *Evans: 75-Basis-Point Rate Rise Could Be OK if Inflation Doesn’t Improv *EVANS: SEES 3.75%-4% FUNDS RATE BY 2Q 2023 AS SUFFICIENTLY HIGH Read More
Monday, 01 August, 2022
white rabbits 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
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
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, 15 June, 2022
(BN) Barclays Sees Fed Dial Back Hiking Pace to Half-Point in July 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
Thursday, 09 June, 2022
Goldman Sachs predicts the European Central Bank will raise interest rates by 50 basis points each in September and October.Pace of rate hikes will slow to 25 basis points in December and continue until terminal rate of 1.75% is reached in June next year Read More
