markets


One Bank Sees Bitcoin At $200,000, While Ether Hits $14,000 As It Becomes JPMorgan's Favorite Crypto

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"A blockchain platform like Ethereum could potentially become a large market for vendors of trusted information, like Amazon is for consumer goods today"


BoJ undertook a dovish exit from NIRP, RBA unch.; USD/JPY back above 150.00 - Newsquawk Europe Market Open

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APAC stocks traded mixed as markets digested the first of this week's central bank announcements.

Bank Of Japan (Finally) Kills The World's Last Negative Interest Rate, Yen Weakens

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...scraps YCC, ends ETF, J-REIT buying...


Yen's Whiplash Day Only Begins With A Rate Hike

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It sets up Tuesday for a head-spinning session...  and there is still the Federal Reserve to come!


US stocks were mostly higher and Treasuries selling continued ahead of central bank announcements - Newsquawk Asia-Pac Market Open

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Focus overnight turns to the BoJ and RBA policy decisions.

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BoJ to end NIRP, YCC and ETF purchases (via Nikkei); Strong China activity data; AAPL to integrate GOOGL's Gemini AI into iPhone; Biden to implement strict pollution limits to boost EV sales

Big-Tech & Black Gold Surge As Bonds & Bitcoin Purged Ahead Of Fed

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...higher oil >> higher inflation >> higher bond yields >> Fed higher for longer-er >> lower stock prices (at some point...)


"We're One Event Away From A 1970s-Style Stagflation Explosion..."

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...oil’s risk to inflation expectations, rates and the 'CRE wounded' super-regional banks is accelerating.


Sens. Scott, Rubio Call For Plan To Handle Influx Of Haitian Migrants

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‘We must consider this danger due to the numerous reports of gangs committing jailbreaks in Haiti and releasing thousands of dangerous criminals.’


Exxon Chief Darren Woods Has Conquered The Woke ESG Giant

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Exxon CEO Darren Woods isn't mincing words or actions as the broader market has finally started to turn its back on the 'ESG' fallacy.


Goldman Sentiment Indicator Goes To '11' As Buyback Blackout Window Begins

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...tactical risk/reward isn’t overly alluring...


Macron's Long Telegram

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Macron’s speech reads like a greatest hits of Realpolitik. Europe must do ”whatever it takes”. “If Russia wins this war, Europe’s credibility will be reduced to zero.” “If Ukraine were to fall, our security is threatened. And so, the time has come to resist.”


"Less Flights And More Full Aircraft": Airlines Stung By Boeing Delays Ahead Of Busy Summer Travel Season

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“This is not just a this-year problem. This has been a multiyear issue. It is going to take several years to really catch back up again.”


Half Of Downtown Pittsburgh Office Space Could Be Empty In 4 Years

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The CRE implosion is picking up steam...


United Airlines CEO Reassures Everyone Boeing Planes Are Safe After Series Of Incidents

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"While they are all unrelated, I want you to know that these incidents have our attention and have sharpened our focus."


We Should Thank God For The Communists

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"China is one of the most important wildcards to track to understand the global economy, markets, geopolitics"


Key Events This Week: Central Banks Galore Including A Historic Rate Hike By The BOJ

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The key data on the economic calendar week are the Philly Fed and existing home sales reports on Thursday; but the main event will be the March FOMC meeting is on Wednesday, and the BOJ decision tonight.


Rates Markets Are At A Hawkish Tipping-Point

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...it’s not just a US phenomenon: globally there are signs that the disinflation trend is ending.


Futures Surge Led By Tech Meltup Ahead Of Fed, BOJ Decisions

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"The recent market repricing has put policy expectations essentially at Fed estimates. The decision will likely provide another signal that easing of economic conditions is coming, pushing equity markets higher."


"I Wish Upon You Ample Doses Of Pain And Suffering"

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"Greatness comes from character and character isn’t formed out of smart people – it’s formed out of people who suffered”