Category Finance

Goldman Sachs anticipates that the Swiss National Bank (SNB) will cut rates in this week’s meeting, likely opting for a smaller cut (25bp) rather than a more substantial 50bp reduction. The decision follows softer-than-expected inflation data and aims to preserve room for future adjustments if necessary. Key Points:…

Earlier today, the price of the GBPUSD moved to the highest level going back to January 2022. In the process, the price moved into a swing area between 1.3411 and 1.3511 on the weekly chart (see red numbered circles on the weekly chart).. Seller on the first return…

Post Content

Post Content

China needed to show up with a double-barrelled bazooka this week and it only had one. Monetary policy delivered with a handful of impressive measures including rates cuts, shifts in reserves, financing for real estate buybacks and looser borrowing rules. That was a great start and it caused…

Post Content

Number of clarifications have been proposed with regard to definition of conditions for use of a nuclear weaponsCurrent military – political situation is changing dynamically in the world, and we must take this into account.We see the emergence of new sources of military threats and risks for Russia…

The US treasury will auction off $70 million and five year notes at the top of the hour. The six-month average of the major components shows Bid to cover: 2.38XTail: 0.3 basis pointsDirects (domestic demand): 17.4%Indirects (international demand): 68.0%Dealers: 14.6% The auction results will be compared to the…

Rates have been creeping up at the long end since the Fed cut 50 bps and the market priced out some risk of recession. The belly of the curve though has been caught in between that and lower short-term rates and only ticket up slightly from the cycle…

Post Content