https://youtu.be/nz0WC-sNfmE Investors have witnessed some “pretty crazy” times in financial markets these past few weeks, with Thursday’s wild fluctuations ranking among the “craziest days of my career,” said Rick Rieder, the chief investment officer for global fixed income at BlackRock Inc. BLK, +6.58%, during an interview with MarketWatch’s Christine Idzelis on Thursday to commemorate the …
https://youtu.be/aynJaSDGuDM Major stock exchanges on Wall Street reversed their course on Thursday after recording significant losses following the release of the country’s inflation report that revealed higher-than-expected reading. The market participants awaited Federal Reserve’s future steps, as the figure could seemingly push them to increase their interest rates in the upcoming meetings. United States President …
Continue reading “Wall Street turns to gains, Dow surges 500 pts”
Pension funds are now selling US high-grade corporates Announced end of central bank support has investors nervous UK pension funds are dumping assets to meet margin calls as the BOE confirmed it will end emergency bond buying, and the reverberations are being felt everywhere from Sydney to Frankfurt and New York. In the US, investment-grade …
Continue reading “UK Pension Funds Selling Stokes Fear Across Global Bond Markets”
Gronnigen’s multi-billion hidden treasure is the answer to all of Europe’s looming energy crisis!! Extraction on gas fields has been put on hold by the government due to 2100 recorded earthquakes (tremors) which have severely damaged houses. They were tremors due to subsidence as the gas was taken out of the ground. Its a huge …
Continue reading “Europe’s energy crisis & the Netherlands 1000 Billion buried treasure”
Germany’s annual rate of inflation accelerated again in September, posting the highest reading since December 1951 as temporary government interventions to ease prices expired, according to final data released by German statistics office Destatis on Thursday. The consumer price index–a measure of what consumers pay for goods and services–rose 10.0% in September compared with the …
Continue reading “German Inflation Confirmed at Highest Level in More Than 70 Years”
Bank of England Governor Andrew Bailey’s blunt warning that fund managers have to cut vulnerable positions before the central bank ends debt purchases is sending a shiver around already fragile global bond markets. The strict deadline puts investors worldwide on notice that some of the pension funds managing £1.8 trillion ($2 trillion) in defined-benefit schemes …
Close to two-thirds of France’s refining capacity remains paralyzed by industrial action. Earlier today, the French government threatened to break down the blockades workers have set up at refineries and oil depots to resume the flow of fuels to end consumers. Meanwhile, per a Bloomberg report, Asian refiners bought at least 12 million barrels of …
Continue reading “French Strikes Slash Gasoline and Diesel Fuel Supplies”
Bank of England ‘not going to save the market’: BNY Mellon Strategists doubt plan to restart active gilt sales on Oct. 31 Structures debt instruments from HELL strike again….. will they ever learn? UK bonds slumped after the Bank of England’s moves to increase emergency backstop measures failed to reassure the market, suggesting there’s plenty …
Continue reading “UK Bond Selloff Deepens as BOE Emergency Measures Fail to Support Market”
Oil prices jumped by nearly $10 per barrel last week on the back of a larger-than-expected OPEC+ production cut. As so frequently happens in oil markets, the large jump was followed by a slight pullback in oil prices as traders took profits. While fears of a global economic slowdown are weighing on oil prices, sentiment …