SEC says it did not yet approve bitcoin ETF, X account was compromised, 2 FA ??.. >>> going to be a year full of mis and disinformation, AI pictures and so on ! particularly during this biggest ever democratic year, looking at the already 'nasty' Biden vs Trump too, it's going to be a very busy year for media..
Antony Blinken made another push for Israel to limit civilian casualties in Gaza and sought to focus on its relationships with Arab nations. There are “real opportunities” to build post-war ties that will help keep Israel secure, the US official told Foreign Minister Israel Katz in Tel Aviv
European unemployment drops to a record low of 6.4% in Nov
Norway poised to open vast ocean area to controversial deep-sea mining
Apple faces epochal moment with looming antitrust scrutiny
Saudi Arabia sells $12 billion of debt in its largest borrowing abroad since 2017
China satellite launch causes pre-election political storm in Taiwan
US credit card balances hit a new record as delinquencies rise in the background
German train drivers start 3-day strike, bringing rail travel to near halt
Gabriel Attal, nicknamed ‘baby Macron’, becomes youngest ever French prime minister at 34
Markets :
NIkkei up, HSI down (the or at least one of the contrarian trade for 2024 is China eq), other equity markets awaiting U.S CPI, Speculators have built the largest Nasdaq long position in history according to CFTC data
U.S NatGas (was on the lows) but has now rallied nearly 50% since mid Dec
USDJPY regained 145 pretty easily, USD a little firmer ahead of U.S CPI, a slightly firmer print is the risk with positioning long risk, bonds and short USD still from Dec
10's UST' 4% - 3.80-4.10 range last few weeks
BTC market will get its SEC approval, most likely, but the ramp up is probably most likely already done - let's see the aftermath/price action of the ETF approval
Quel joke
Bob Elliott on X: "Its the US economy quietly accelerating? A range of high frequency data suggests that there has been a notable pick up in the last few months, in line with stimulation equity market rise & rate falls. Thread. Mortgage apps improving sharply: https://t.co/SwqToAnMj3" / X (twitter.com)
Middle East crisis live: US and UK ‘shoot down’ one of biggest Houthi airstrikes in Red Sea (theguardian.com)
Even rich countries love or need debt..
2024 Economy Is Looking a Whole Lot Like the 1970s, Says Jamie Dimon (businessinsider.com) not the best record on major market calls...but there you go
What a bizarre set of circumstances
EURUSD rally since mid October (general USD sell.-off) in check - all about CPI, BONDS!
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