Friday, 24 April, 2020
(BFW) Australia’s Blistering Bond Sales a Breeze Thanks to RBA ——————————————————————————-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. Australia’s Blistering Bond Sales a Breeze Thanks to RBA2020-04-24 03:35:28.51 GMT By Garfield Reynolds (Bloomberg) — Australia is seeing some of the strongestdemand on record as it sells bonds at a record pace, backstoppedby the RBA’s purchases of debt from the secondary market. Moneymarkets have calmed enough for the central bank to trimpurchases in recent weeks, though Governor Lowe’s pledge toboost buying again if […] Read More
Wednesday, 22 April, 2020
Equities – Cant Live here TY looking a touch tired at these levels… While I’m not convinced of a collapse they could pull back short-term. We have been buying TYK0 139 puts, expire this Friday, currently 8/10 64ths BUND trades heavy.. first support 172.45 then more important double bottom around 172.20 area … before we open up the trendline support currently rising to 171.39 today.. Our case is “equities cant live here” … going to […] Read More
Thursday, 16 April, 2020
Neel Kashkari: Big US banks should raise $200bn in capital now Biggest lenders must prepare for the worst to survive deep economic downturn, writes Fed official https://www.ft.com/content/0b944cd4-7f01-11ea-b0fb-13524ae1056b The writer, president and chief executive of the Federal Reserve Bank of Minneapolis, oversaw the Troubled Asset Relief Program in 2008-09 Large banks are eager to be part of the solution to the coronavirus crisis. The most patriotic thing they could do today would […] Read More
Tuesday, 07 April, 2020
Here are the KEY TAKEAWAYS from today’s Reserve Bank of Australia policy decision: The RBA left its policy rates unchanged, at 0.25% for both the cash rate and the new three-year government bond yield target, as expected by economists. The central bank also noted that its new funding-for-lending facility is now up and running, with the first drawing yesterday; the program covers at least A$90 billion The central bank said there are signs that markets […] Read More
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
Monday, 30 March, 2020
Virus strategy must change to protect the 90pc While a short, sharp shutdown is sensible, the data shows that calls for a six-month shutdown would cause much more harm than good. Australia needs to pivot its anti-virus strategy to reflect that. Christopher JoyeColumnist While Australia has outperformed most of its global peers in terms of the growth rate of new infections and fatalities, the national virus containment strategy needs to adapt fast. What we do […] 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
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
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
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