BoJ to decide on new BoJ Governor next week (14th Feb), Academic Ueda, Reportedly Tapped As Next BoJ Governor, Says BoJ’s Monetary Policy Is Appropriate, Need To Continue Easy Policy and apan govt to nominate BoJ executive director Shinichi Uchida as new deputy BoJ governor
"AI Has Made Me LOSE HOPE.." | Joe Rogan & Elon Musk
Bundesbank President Joachim Nagel: stopping rate hikes too soon would be "cardinal sin", no less
The largest move in the last 48 hours was: Sweden 20Y. G10 bond yields that had 2 standard deviation moves during the period include: Sweden 20Y, Sweden 10Y, US 2s10s, Sweden 5Y, Sweden 2Y, Canada 30Y
Russia aims to cut its March oil production by 500,000 barrels a day in response to the western price caps, Deputy PM Novak says
UAE’s biggest bank says no takeover offer for global bank Standard Chartered
The Dutch government is cutting its stake in ABN Amro to below 50%, after stepping in to rescue the bank during the 2008 financial crisis
Norway Core inflation, which strips out changing energy prices and taxes, rose 6.4% year-on-year, exceeding the central bank's 5.9% expectation for January as well as the 6.1% average prediction among analysts polled by Reuters
Markets :
SPX500 : whole Twitterconomics.. talking about 'the big buyer of 4050 SPXputs for next week' expiry over the US CPI data - 4040 remain the pivot level for anything more major
USD steady, though BoJ will matter for $ sentiment next week and of course U.S CPI
Same for bonds, U.S CPI
Crude a little better supported again, RU cuts coming
The return to more productive deployment of capital will have to mean investing more in the real, physical world to accomplish the new set of supply chain and resource access imperatives, not pouring money into digital platforms that capture excess profits by monopolising markets and user attention. On that note, our equity strategist Peter Garnry looks at whether the multiple decades of underperformance for equities dealing in tangible assets is ending, with intangibles and financials set to underperform after decades of excess financialisation. He also pokes into the geographies that look the most interesting as supply chains diversify
Management never actually did anything they promised they were going to do for over 10years?
Riksbank starts active QT: In Sweden, the Riksbank delivered a 50bp rate hike as expected and new rate path broadly in line with expectations signalling another hike in April. More interestingly, they came with a hawkish surprise in the form of active QT, motivated to strengthen the SEK. The Riksbank decided to actively start selling their government bond holdings from April with a pace of SEK3bn per month in nominal SGBs and 0.5bn per month in inflation-linked government bonds. This can be put into relation to current holdings of SEK 288bn nominal SGBs and SEK45bn in linkers, and issuance from Debt Office of SEK2bn bi-weekly in nominal bonds and SEK0.5bn in linkers. According to the press release, the Riksbank will primarily sell longer maturities. The natural market reaction has been a steepening of the SGB curve and cheapening on ASW. See more in our Flash Comment Riksbank - a U-turn for SEK, 9 February.
Jesper knows Japan inside out!
Business and Trade Secretary signs landmark first partnership with EU nation to boost British exports - GOV.UK (www.gov.uk) Not a trade deal to be clear but a UK-Italy Export and Investment partnership
Kitchen sinked it ? maybe, worth a turnaround story ? valuations OK, but. lots of issues
Uber earnings were good/positive, but Lyft down 30pct after hours..
because it's not UKcentric, more 'global' names in there!
USDJPY - 128/132JPY range - ''faites-vos-jeux, rien de va plus''
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