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Writer's pictureStéphan

BoJ : dovish take/ BoE's Bailey dovish & Swiss inflation 3y lows / France $66bn spending cuts-tax hikes in '25



  • Markets : Central banks running around to signal more cuts (inflation flat-down to lows), investors have to deal with #geopolitics and #valuations + U.S elections coming up ( where we could possibly extend a few weeks for the actual result, contested etc) + FED doing 50's or not, much depends on employment + China 'will it work won't it work'

  • France (Barnier) plans $66 Billion in spending cuts and tax hikes in 2025

  • #USDJPY : PM Ishiba says Japan not ready for rate hike after meeting BOJ governor, looks like the 'higher' rates experiment is already done, for a while at least!

  • ‘Very serious’: Bank of England governor warns of Middle East oil shock risk, joining de 'deflationnary' bandwagon

  • Swiss inflation rate drops to three-year low

  • Long lines of container ships queued up outside major U.S. ports on Thursday as the biggest dockworker strike in nearly half a century entered its third day preventing unloading and threatening shortages of everything from bananas to auto parts

  • Costco customers stocked up on gold and silver bars. Now, the retailer's adding a third precious metal #XPT

  • EU expected to back tariffs on China-made EVs despite last-gasp German bid to kill them

  • GS: After the first cut, growth is what matters for the SPX


 











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