Ashley Joye (ARCHR LLP ) Subject: FW: ——- THE WEEKEND PRESS ——- : THE WEEKEND PRESS PRICE ACTION: last week the S&P +2.2%, Dow +2.4%, Nasdaq +3%, Russell 2k +1.8%. The Stoxx600 +1.7% over the past 5 days. The MSCI Asia Pacific index +2.6%, the EM benchmark +3.7% over the same period. EVERYTHING BUBBLE: Stocks rose to records, bonds surged, oil jumped almost 10% and even gold got into the act, as […] Read More
MNI SOURCES:Italy Budget Deal Chances Rise As Eurozone Weakens By David Thomas BRUSSELS(MNI) – As concerns grow over a eurozone slowdown, European officials are increasingly hopeful of a deal to avoid placing Italy in the Excessive Deficit Procedure, despite misgivings among harder-line countries such as Germany and the Netherlands, according to sources close to the Commission and Eurogroup. One source confirmed to MNI that both the Commission and Council of Ministers are seeking a “fudge”. […] Read More
(GO1) Fed St Louis: President Bullard Explains His Recent FOMC Dissent ——————————————————————————-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. Fed St Louis: President Bullard Explains His Recent FOMC Dissent2019-06-21 10:02:41.63 GMT www.stlouisfed.org/on-the-economy/2019/june/bullard-explains-recent-fomc-dissent PageExcerpt:The following is a statement by Federal Reserve Bank of St. Louis President Jim Bullard explaining his dissenting vote at the FOMC’s June 18-19, 2019, meeting: I dissented with the Federal Open Market Committee (FOMC) decision announced on June … Read More
ER saw white longs cut and LARGE longs in Greens. ERU1 and ERZ1 saw huge jumps in OI (+20.5% and +26% respectfully) Sterling also saw large longs….main targets L Z0 (+21%) and L M1 (+17%) ED saw some big swings but highlight looks like EDU9 which has seen OI rise 157,063 (+11%) USTs are mixed with TY seeing a decent drop and FV seeing a decent rise EGB’s, whole different story…only UB saw an […] Read More
*WHITE HOUSE EXPLORED LEGALITY OF DEMOTING FED CHAIRMAN POWELL ——————————————————————————-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
Terry McCrann Now that he’s finally done it once, will Reserve Bank governor Philip Lowe get the taste for it and cut the RBA’s official interest rate a second time? The latest jobs and jobless numbers delivered an unambiguous answer: Yes. And then we’d be on to another round of “watch the banks”. Two other important things are, though, much, much less certain. When will he cut and whether he would contemplate a third cut […] Read More
[RTRS] 07 Jun – 15:22:24 – ITALY’S LEAGUE CABINET UNDERSECRETARY GIORGETTI SAYS “MINI-BOT” SCHEME IS A POSSIBILITY – ITALIAN NEWS AGENCY AGI ——————————————————————————-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
(BN) RBA’s Lowe Says ‘Not Unreasonable’ to Expect Another Rate Cut *RBA GOVERNOR LOWE COMMENTS IN SYDNEY SPEECH NOTES *LOWE: RATE CUT SHOULD BE FULLY PASSED TO VARIABLE MORTGAGES *LOWE: CPI UNLIKELY COMFORTABLY IN 2-3% RANGE FOR SOME TIME YET *LOWE: TODAY’S CUT REFLECTS SPARE CAPACITY, NOT WEAKER OUTLOOK *RBA’S LOWE: IT IS NOT UNREASONABLE TO EXPECT A LOWER CASH RATE ——————————————————————————-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. RBA’s Lowe Says ‘Not Unreasonable’ to Expect Another Rate Cut2019-06-04 09:30:00.5 GMT By […] Read More
On behalf of the Reserve Bank Board, I would like to warmly welcome you to this community dinner. Thank you for joining us this evening. We value this opportunity to hear firsthand from you about the challenges and opportunities you face. I would also like to take advantage of the timing of this dinner to explain today’s decision on interest rates. As you would have heard already, earlier today the Reserve Bank Board decided to […] Read More
UBS say that they expect Eurozone CPI to bounce back in June following the sharp drop in May. Eurozone headline flash inflation came in at 1.2% y/y from 1.7% y/y, while core dropped 0.5% to 0.8% y/y. UBS says that they expect the drop in core inflation to be temporary due to the later timing of Easter and Pentecost this year resulted in a later pick-up in prices of seasonal items relative to last year. […] Read More
© Copyright Archr LLP
