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Writer's pictureStéphan

Riksbank cuts / German IP down 12% last 6years, DAX ATH's / #HSI / BoJ talk talk not enough / BoE up next



  • Riksbank leads the charge, makes first rate cut since 2016, expects two more in 2024

  • "The SNB does not have the right policy as a lender of last resort". Paul Tucker believes that the SNB needs to strengthen and expand its role as lender of last resort to avoid another Credit Suisse case. However, he fears that not all lessons have been learned.

  • AstraZeneca withdrawing Covid vaccine worldwide. Company says decision is purely commercial as jab has been superseded by alternatives

  • German IP down 0.4% in March, and Feb adjusted lower as usual, IP is about 12% lower than 6years ago now >>> DAX hits ATH's

  • U.S stock buybacks hit highest level since 2018

  • Japan has described as "regrettable" U.S. President Joe Biden's comment that "xenophobia" is stifling the Asian nation's economic growth, the top government spokesperson said on Tuesday

  • BOJ will scrutinise weak yen in guiding monetary policy, says Governor Ueda, talk talk is not enough, you need to hike rates to back up interventions - can't have it both ways

  • Israel-Gaza war: Biden to halt some arms supplies if Israel invades Rafah

  • Reports indicate the DOJ and SEC are investigating $TSLA's self-driving claims & driver assistance systems for potential wire and securities fraud

  • China’s industry regulator Wednesday published draft rules for the lithium battery sector, an attempt to rein in freewheeling expansion and address overcapacity concerns

  • Regulators are reportedly investigating Tesla’s self-driving claims, including whether it committed securities fraud or wire fraud during that criminal investigation

  • Every EU country has seen its exports to Central Asia boom since Russia's invasion of Ukraine...

  • China is reportedly considering abolishing the dividend tax for mainland investors who invest in Hong Kong stocks to avoid double taxation and improve liquidity in the HK market.#HONGKONG #Januarycontrariantrade now the market will start to pile in again, remember how 'they' all said China was uninvestable Source: Bloomberg #HSI

 





Milei’s Argentina is fast becoming the Texas of Latin America (yahoo.com) The US Geological Survey estimates that the region holds the world’s second biggest reserves of shale gas, and fourth biggest reserves of shale oil

















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