Monday, 30 March, 2020
see attached for the month end extensions Archr LLP is Authorised and regulated by the Financial Conduct Authority (FCA reference 617163). Archr LLP is not covered by the Financial Services Compensation Scheme (FSCS). Archr is registered in England and Wales No. OC371018. Registered office 115B Drysdale Street, Hoxton, London, United Kingdom, N1 6ND This message may contain confidential or privileged information. If you are not the intended recipient, please advise us immediately and delete […] Read More
Thursday, 26 March, 2020
FED: The main message from Fed Chair Powell in his NBC Today appearance this morning is that the Fed sees the economy bouncing back later in the year, BUT the key is that the Coronavirus situation will have to get under control before that happens. Seems at odds with what appears to be White House leanings toward an early economic restart. Fed still has room to manoevre but sees lending programs as a ‘bridge’ to […] Read More
Tuesday, 24 March, 2020
To our valued clients, We hope you are navigating this current period of uncertainty, and we look forward to you returning to full strength in the near future. Our team has amended our own processes around the current government advice for the coronavirus. At this point both Archr Futures and Archr Brokers Dubai Ltd remain fully functional and available to assist our clients in order execution of futures and options and the clearing of trades. […] Read More
Tuesday, 24 March, 2020
Coronavirus may have infected half of UK population — Oxford study https://www.ft.com/content/5ff6469a-6dd8-11ea-89df-41bea055720b New epidemiological model shows vast majority of people suffer little or no illness 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 […] Read More
Wednesday, 25 March, 2020
QUANT QUAKE & MONTH END: Bloomberg article highlights the record deleveraging on the part of quants. Systematic platforms on Credit Suisse’s PB platform have slashed their equity positions by 45% this month vs end of Feb. Deutsch Bank, volatility-targeting funds have cut their equity allocation to a record-low 15% from about 70% months ago. Deutsche Bank also said that CTAs have taken their exposure to the fifth percentile. JPMorgan saw risk parity funds positions slashed […] Read More
Wednesday, 11 March, 2020
MS expects to see an adjustment in the fiscal rules to allow further fiscal expansion via rise in ceiling on level of public investment from 3 to 3.5% og GDP and pushing back date for current budget balance by 2 years to FY2024/25. Gilt issuance to rise from £137bn in 2019-20 post-January remit adjustment to £146bn in 2020-2021.MS also note “The second key focus for investors of the Budget will be the consultation on RPI […] Read More
Monday, 02 March, 2020
Terry McCrann: Our softer fall cushioned by US Fed’s promise to cut interest rates Fed chairman Jerome Powell is jumping at shadows and feeding the greedy with his signal on interest rates. On Tuesday our RBA will make its call, but it won’t be just to keep the punters happy, writes Terry McCrann. Terry McCrann, Herald Sun Subscriber only | March 2, 2020 10:00pm Close Pause Loaded: 1.47% Current Time 0:00 / Duration 11:13 Fullscreen heraldsun.com.au US […] Read More
Tuesday, 03 March, 2020
Terry McCrann: RBA did right thing, but it’s just the start of economic stimulus plan The Reserve Bank’s cut to the cash rate is the first move in a co-ordinated monetary plan that will boost the economy, writes Terry McCrann. https://www.heraldsun.com.au/business/terry-mccrann/terry-mccrann-rba-did-right-thing-but-its-just-the-start-of-economic-stimulus-plan/news-story/c0a098301b9c83baea4a1882156651b2 We are about to see the first co-ordinated fiscal and monetary action to boost the economy since the Rudd government’s “go hard, go early and go to households” spending splurge when […] Read More
Tuesday, 18 February, 2020
APPLE Warning = the ecosystem floodgates will open. Apple is the first and largest (by default) company to come out and explicitly warn for calendar Q1 half way through the quarter. The reasoning is two-fold and both shouldn’t be a shock: First; the worldwide iPhone supply is temporarily constrained; “While iPhone manufacturing partner sites are located outside the Hubei province – and while all of these facilities have reopened – they are ramping up more […] Read More
Wednesday, 12 February, 2020
(BFW) Harker Repeats Fed Should Hold Interest Rates Steady for a While ——————————————————————————-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. Harker Repeats Fed Should Hold Interest Rates Steady for a While2020-02-12 13:30:00.2 GMT By Matthew Boesler (Bloomberg) — “My own view right now is that we shouldhold steady for a while and watch how developments and the dataunfold before taking any more action,” Federal Reserve Bank ofPhiladelphia President Patrick Harker says.* “It’s too early to say what impact the spread of thecoronavirus […] Read More
