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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...
Japan’s Banking Giant In Crisis: Norinchukin To Dump $63 Billion In Bonds To Cover Massive Losses
20.06.2024, 14:54 Uhr. GreatGameIndia - https: - Japan’s Norinchukin Bank, often called the country’s CLO whale, plans to sell $63 billion in U.S. and European government bonds by March 2025 to cover massive losses. We made a non-consensus prediction last October, when the market was still suffering from the March 2023 bank failures, which had total assets that exceeded the global financial...
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...
Canada Is America's Least Helpful Ally
20.06.2024, 13:20 Uhr. ZeroHedge News - https: - Canada Is America's Least Helpful Ally Authored by Julian Spencer-Churchill via RealClearDefense, Canada’s defense minister Bill Blair has declared, by strangely including future spending on its arctic surveillance network, that “I believe it brings us inevitably to over 2 per cent of defence spending.” This is an old Canadian trick of appealing...
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