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Writer's pictureStéphan

FED waters down cap requirement hike (UK too now) + Jensen's chat lifted all markets / U.S CPI core 3.2% / #OXY



  • Federal Reserve Waters down plan to Hike Capital Requirements for Big Banks amid Wall Street lobbying efforts (same in UK now too to it'll be global..) >>> some will argue about the FED's ''independence'' there >>> anyhow THIS and Jensen's bullish chat yesterday lifted #NVDA some 10%, which eventually lifted all corners of markets, turned JPY and CROSSJPY's etc >>> SPX500 was down 1.5% and finished up 2.5% et voilà

  • #USDJPY traded below ''Yenmargeddon'' levels around 141.00...until the Jensen impact kicked in

  • US Core CPI inflation: surprised to the upside, up to 0.28% m-o-m in Aug from 0.165% in July, no big 50bps cuts. Perhaps, the most absurd number in CPI is the cost of health insurance that has apparently declined 30% over the last 2 years >>> Core CPI inflation was unchanged at 3.2%

  • Oracle is going nuclear over growing demand for AI data-centers, and that's not a metaphor for Larry Ellison's mood

  • UK government designates data centers as Critical National Infrastructure

  • IF you follow Warren, #OXY is now trading BELOW Warren Buffett’s cost basis

  • Brussels explores Draghi option of extending up to €350bn in EU debt

    Without additional funding the European Commission fears debt obligations will hobble the bloc’s spending power...always involved more debt..

  • "It is clear: Crimea and Sevastopol are Ukraine" - European Commission President Ursula von der Leyen speaking at the Crimea Platform Summit


 




This could be HUGE











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