Covid, Weak Credit Spark Talk Of China Rate Cut By Ye Xie, Bloomberg Markets Live commentator and analyst Three things we learned last week: 1....
If you believe that a higher gold price is inevitable because of the size of the debt or its rapid rate of increase, then here are...
Chinese authorities responded to their faltering economy in 2018 by diverging from their Western counterparts. Their PBOC would lean into rate cuts (RRR) at the very...
Netflix, Inc. (NASDAQ:NFLX) was expected to post a strong fourth quarter of 2021 earnings, but investors remained cautious over subscription additions which had exponential growth during...
Goldman Sees "Risk" Of Fed Rate Hike At Every Meeting, Predicts $2.5 Trillion In Balance Sheet Shrinkage An interesting dynamic has emerged on Wall Street: on...
The World & Monetary Policy Has Split Authored by Bill Blain via MorningPorridge.com, “It’s too early to say..” As the West reopens, China’s lockdowns remain draconian....
China Unexpectedly Cuts Key Rate, Adds Liquidity As Economic Growth Slowed, Retail Sales Slump A busy night started with weakness in US equity futures (Nasdaq down...
One Bank Predicts $3 Trillion In Quantitative Tightening Coming Wall Street has officially jumped the shark: with the economy set to slow this year - even...
Stocks, Futures, Oil Tumble On Omicron Lockdowns, Manchin Shockwave Global stocks and US equity futures are sharply lower to start the otherwise very quiet holiday week,...
Futures Reverse Lower As Fed Meeting Looms US stock futures fell on Tuesday, reversing an earlier gain, as traders prepared for this year’s barrage of final central...
SocGen Is Telling Its Nervous Clients "Don't Leave The Party Yet" - Here's Why A surge in cross-asset volatility over the past two weeks has left...
Equity markets jump as Omicron jitters ease Another day, another directional move by markets on whatever the latest omicron headline is. Following on from yesterday’s indicative...
As Markets Brace For Beijing Easing, Chinese State Media Unveils 25bps RRR Cut Before Year-End While some in the market are still obsessing over i) when...
A simple tweet from a CNN reporter reminded us that the most powerful man in Washington, DC remains Senator Joe Manchin. Chief Congressional Correspondent Manu Raju...
Turkish Lira Crashes To Record Low After Central Bank Cuts Rates Again As was expected, moments ago the Turkish central bank cut its key interest rate...
At the halfway point of Q4, the markets' focus is on three things: inflation, growth, and central banks' response. With US and Chinese October inflation readings behind...
China Facing "Downward Pressure", Premier Warns With the Fed supposedly telegraphing that the US economy is strong enough to withstand a modest decline in the monthly...
Guess what happens when you print trillions of dollars and then run into underinvestment and logistical problems upon reopening a fast-growing global economy? You get commodity...
UK Faces 'Plan B' Peril: COVID Multiplies The Economic Threat Authored by Bill Blain via MorningPorridge.com, “T’was the best of times, t’was the worst of times...
Lira Crashes To All Time Low After Turkey Shocks With 200bps Rate Cut Despite Soaring Inflation To be fair, the writing has been on the wall...
"We Need Changes At The Fed": Elizabeth Warren Shreds Powell Over "Culture Of Corruption" Update: 1155ET): Warren slammed Federal Reserve Chair Jerome Powell, saying that he...
Elizabeth Warren Slams "Atrocious" Fed Insider Trading, Asks SEC To Investigate If Trades Were "Illegal" For once we agree with Elizabeth Warren: the Massachusetts socialist sent...
Norway Becomes First Developed Central Bank To Hike Rates Post-COVID In a time of soaring prices, central bank tightening has now become all the rage (except...
Turkish Lira Plunges To All Time Low After Surprise Rate Cut By The Erdogan Central Bank Turkey’s currency plunged to a new all time low, with...
In terms of central bank meetings, the week ahead is one of the busiest. No fewer than 13 central banks hold policy meetings, divided between six...
The New Zealand dollar is steady on Wednesday, after sustaining massive losses a day earlier. NZD/USD is currently trading at 0.6906, down 0.20% on the day....
Covid fears weighing on Asian markets Equity markets are front and centre in Asia this morning, as increasing nerves about the delta-variant Covid-19 are sapping recovery...
The Issue: Proponents of the 2017 Tax Cut and Jobs Act (TCJA) argued at the time of its enactment that cutting the United States corporate tax...
Growth concerns were somewhat alleviated after the PBOC followed through and cut the RRR rate as speculated. Much of this week’s weakness in stocks stemmed from...
Oil higher on expected demand Crude prices are rallying after major producers showed patience over how much to increase production going into the second half of...