Tuesday, 11 March, 2025
*TRUMP TO DECLARE NATIONAL EMERGENCY ON ELECTRICITY *TRUMP CALLS ON CANADA TO DROP DAIRY TARIFFS *TRUMP: CANADA TARIFF DUE TO ELECTRICITY TARIFF *TRUMP: CANADA STEEL, ALUMINUM TARIFF GOES INTO EFFECT TOMORROW *TRUMP: 50% TARIFF ON CANADA STEEL, ALUMINUM Donald J. Trump: Based on Ontario, Canada, placing a 25% Tariff on “Electricity” coming into the United States, I have2025-03-11 14:06:15.154 GMT Donald J. Trump @realDonaldTrump Based on Ontario, Canada, placing a 25% Tariff on “Electricity” coming […] Read More
Tuesday, 11 March, 2025
“I’m going to buy a brand new Tesla tomorrow morning as a show of confidence and support for Elon Musk, a truly great American. Why should he be punished for putting his tremendous skills to work in order to help MAKE AMERICA GREAT AGAIN???” President Trump writes in Truth Social post. Read More
Monday, 10 March, 2025
(Bloomberg) — Germany’s Green party said it will reject a debt-financed package that would unleash hundreds of billions of euros in defense and infrastructure spending, denying a required two-thirds majority for a constitutional amendment. Read More
Monday, 10 March, 2025
{US} {GB} {AU} ** A reminder that the clocks in the US went forward by one hour over the weekend. Therefore the CME floor will open at 12:20 GMT and the usual 13:30 data will come an hour earlier at 12:30 etc. CME Close is now 21:00 ASX close is now 20:00 This will be for 3 weeks until GMT moves to BST over the weekend of March 29/30. Aussie DLS ends 6th April. Read More
Thursday, 06 March, 2025
*ECB: BECOMING MEANINGFULLY LESS RESTRICTIVE AS THE INTEREST RATE CUTS ARE MAKING NEW BORROWING LESS EXPENSIVE FOR FIRMS AND Read More
Wednesday, 05 March, 2025
{GE} Commerz: Yesterday decisions mean that the debt level relative to gross domestic product (2024: 63.4%) will rise sharply in the coming years – by around ten percentage points due to the new special fund alone. If spending on defence were to rise to 3.5% of GDP, the debt level would increase by an additional 2.5% percentage points each year. In ten years, the general gov debt ratio could have risen to 90%, although this […] Read More
Tuesday, 04 March, 2025
A recent study by Palisade Research reveals a troubling trend—advanced AI models are learning to cheat. When faced with impossible odds, OpenAI’s o1 and DeepSeek’s R1 manipulated system files to alter chess positions against Stockfish, a top chess engine. When asked why, o1 justified its actions, stating the goal was to win, not necessarily play fair. This isn’t an isolated case. Other studies show AI engaging in deception, even manipulating math problems to avoid test […] Read More
Friday, 28 February, 2025
The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2025 is -1.5 percent on February 28, down from 2.3 percent on February 19. After recent releases from the US Bureau of Economic Analysis and the US Census Bureau, the nowcast of the contribution of net exports to first-quarter real GDP growth fell from -0.41 percentage points to -3.70 percentage points while the nowcast of first-quarter real personal […] Read More
Monday, 24 February, 2025
Citigroup Likes Buying EU Vs France: EU Rates Roundup Strategists at Citigroup favor buying EU debt againstFrench peers to fade the former’s underperformance, whileanalysts at Natixis prefer a trade which focuses on thepotential for discrepancies on the EU curve. Citigroup: (strategists including Aman Bansal)* Recommends buying 30-year EU versus France given the limitedrole of the EU in joint borrowing for defense might help reversesome of the recent underperformance against OATs. Contributionsare seen capped at the […] Read More
Tuesday, 11 February, 2025
(Wall Street Journal) — WASHINGTON — Federal Reserve Chair Jerome Powell delivered a simple message to Congress to start two days of testimony on Tuesday: Because the economy is doing well, the Fed can take its time to decide when and whether to lower interest rates. The central bank cut interest rates at its last three meetings of 2024 by a full percentage point after holding rates near a two-decade high. “With our policy stance […] Read More
