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SNB Unexpectedly Cuts Rates Again As Swiss Inflation Continues To Ease
20.06.2024, 15:47 Uhr. ZeroHedge News - https: - SNB Unexpectedly Cuts Rates Again As Swiss Inflation Continues To Ease The Swiss National Bank unexpectedly cut interest rates on Thursday for the second time this year, pointing to easing price pressures that allowed it to maintain its position as the front-runner in the global policy easing cycle now underway. The Swiss franc, which had soared in...
Continuing Jobless Claims Keep Rising, California Initial Claims Crash
20.06.2024, 14:52 Uhr. ZeroHedge News - https: - Continuing Jobless Claims Keep Rising, California Initial Claims Crash After the prior week's surge to 10-month highs (on the back of California claims suddenly soaring after Newsom introduced his brilliant $20 min wage fast food gambit), analysts expected a small dip in claims last week... and they were right with initial claims falling from 243k (revised...
US Housing Starts & Building Permits Plunge To COVID Lockdown Lows
20.06.2024, 14:43 Uhr. ZeroHedge News - https: - US Housing Starts & Building Permits Plunge To COVID Lockdown Lows Despite ugly consumer confidence and soaring mortgage rates, analysts expected a small rebound in housing starts and building permits in May (after April's disappointing misses). They were wrong... again... as both Starts and Permits plunged MoM (-5.5% MoM and -3.8% MoM respectively)...
Bank of England Keeps Rates Unchanged In "Dovish Hold", August Rate Cut On Deck
20.06.2024, 14:28 Uhr. ZeroHedge News - https: - Bank of England Keeps Rates Unchanged In "Dovish Hold", August Rate Cut On Deck Unlike the SNB, which unexpectedly cut rates earlier this morning (full breakdown coming shortly), the Bank of England did not surprise markets and kept rates on hold at a 16 year high of 5.25%, even as it hinted that more policymakers may be close to backing interest rate...
US Stocks At All-Time High, Nasdaq Futures Gains For 8th Day After SNB Unexpectedly Cuts Rate
20.06.2024, 14:10 Uhr. ZeroHedge News - https: - US Stocks At All-Time High, Nasdaq Futures Gains For 8th Day After SNB Unexpectedly Cuts Rate After hitting the beach during yesterday's blistering Juneteenth holiday, the "buy everything" algos are back and bigger than ever, pushing futures to a fresh all time high with tech leading - as always - and small-caps lagging after the Swiss National Bank...
Life Of O'Brien
20.06.2024, 03:55 Uhr. ZeroHedge News - https: - Life Of O'Brien By Teeuwe Mevissen, Senior Macro Strategist at Rabobank Yesterday, news came out that Trump’s last national security advisor Robert O’Brien has written an article that will be published in the next edition of the renowned foreign policy magazine Foreign Affairs. While it is of course not sure that Trump will win the upcoming election...
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