Neueste Heute 30.04.2024 29.04.2024
Senate Passes Ban Of Russian Uranium Imports, Risking "Havoc" And Soaring Prices In Uranium Markets
01.05.2024, 05:40 Uhr. ZeroHedge News - https: - Senate Passes Ban Of Russian Uranium Imports, Risking "Havoc" And Soaring Prices In Uranium Markets With shares of CCJ tumbling earlier today after the company reported soggy Q1 earnings, despite its recent initiating coverage report by an enthusiastic Goldman Sachs which sees the Uranium company at the forefront of the "Next AI trade" and slapped it...
Blackrock's Larry Fink Jumps On "Next AI Trade", Warning World Will Be "Short Power"
01.05.2024, 00:00 Uhr. ZeroHedge News - https: - Blackrock's Larry Fink Jumps On "Next AI Trade", Warning World Will Be "Short Power" At the start of April, we penned a lengthy report for premium subs discussing why artificial intelligence data centers, the electrification of the economy, and onshoring trends will result in a major upgrade of the nation's power grid. We followed the note up on...
"A Lack Of Job Security": White-Collar Job Growth Stalls Hard
30.04.2024, 23:20 Uhr. ZeroHedge News - https: - "A Lack Of Job Security": White-Collar Job Growth Stalls Hard While hiring rates for those in the bottom-third of US income distribution has been on a tear (and largely going to part time workers, most of whom are illegal immigrants), white collar jobs hiring is stalling out across much of the US, with industries such as finance, technology, media,...
WTI Extends Losses After API Reports Unexpected Crude Build
30.04.2024, 22:39 Uhr. ZeroHedge News - https: - WTI Extends Losses After API Reports Unexpected Crude Build WTI ended April on a down-note (closing lower on the month, as opposed to Brent which saw its fourth straight monthly gain) as hopes for cease-fire talks between Israel and Hamas dampened fears of a wider conflict that could threaten crude supplies. The recent declines come as a "relief to...
Gold Flowers Amid April 'Stagflation' Showers; Stocks, Bonds, & Crypto Crushed
30.04.2024, 22:01 Uhr. ZeroHedge News - https: - Gold Flowers Amid April 'Stagflation' Showers; Stocks, Bonds, & Crypto Crushed The final day of April was really ugly: ECI way hotter than expected (spooked markets), Case-Shiller home prices soared far more than expected (spooked markets more), Chicago PMI puked (while prices paid increased), Consumer Confidence crashed, and Dallas Fed Services slumped...
Former Binance CEO 'CZ' Sentenced To Only Four Months In Jail For Money Laundering
30.04.2024, 21:55 Uhr. ZeroHedge News - https: - Former Binance CEO 'CZ' Sentenced To Only Four Months In Jail For Money Laundering Former Binance CEO Changpeng Zhao ("CZ") was sentenced to four months in jail on Tuesday in a Seattle federal court, according to The Wall Street Journal. Late last year, CZ pleaded guilty to money-laundering charges and relinquished his position as the head of Binance...
WeWork Snubs Co-Founder Neumann As It Targets Quick Turnaround From Bankruptcy
30.04.2024, 19:45 Uhr. ZeroHedge News - https: - WeWork Snubs Co-Founder Neumann As It Targets Quick Turnaround From Bankruptcy After years of enriching himself to the tune of billions from his failed company WeWork, co-founder Adam Neumann is finally getting a small dose of karmic payback. It was reported yesterday by Bloomberg that WeWork and its main backers, including SoftBank, have reached a...
"On The Verge Of Panic" - Dallas Fed Services Survey Suffers Longest Slump Since 'Lehman'
30.04.2024, 17:21 Uhr. ZeroHedge News - https: - "On The Verge Of Panic" - Dallas Fed Services Survey Suffers Longest Slump Since 'Lehman' It has been a terrible day for 'soft' survey data... Source: Bloomberg And it was just capped off by a big drop in Dallas Fed's Services survey (which compliments yesterday's Dallas Fed Manufacturing meltdown). The headline print dropped from -5.5 to -10.6. That...
'Expectations' Plunge To 11-Year-Lows As Conference Board Confidence Craters
30.04.2024, 16:22 Uhr. ZeroHedge News - https: - 'Expectations' Plunge To 11-Year-Lows As Conference Board Confidence Craters For the third straight month, The Conference Board's consumer confidence index fell in April, tumbling to 97.0 from a downwardly revised 103.1 (dramatically below the 104.0 median expectation and in fact below the lowest of all 56 analysts' estimates). Both current conditions...
Don't Buy Rate-Hike Hype, Next Fed Move Is A Cut
30.04.2024, 16:15 Uhr. ZeroHedge News - https: - Don't Buy Rate-Hike Hype, Next Fed Move Is A Cut Authored by Simon White, Bloomberg macro strategist, The Federal Reserve’s next move this year is likely to be a rate cut - despite the re-emergence of inflation - leaving markets at risk of a dovish repricing. When it comes to the Fed, it’s easy to get hung up on what they should do, and neglect...
Fastest Drop Since 'Lehman': Chicago PMI Puke Screams Stagflation
30.04.2024, 15:59 Uhr. ZeroHedge News - https: - Fastest Drop Since 'Lehman': Chicago PMI Puke Screams Stagflation After miraculously surging to two years highs in Nov 2023, Chicago PMI has plunged for five straight months, with the last four months seeing the MoM declines accelerating. Against expectations of a rise to 45.0 (from March's 41.4), April's PMI data printed 37.9 Source: Bloomberg That...
'Affordabiity Crisis' Worsens As US Home Prices Soar Near Record High In Feb
30.04.2024, 15:13 Uhr. ZeroHedge News - https: - 'Affordabiity Crisis' Worsens As US Home Prices Soar Near Record High In Feb Home prices in America's 20 largest cities rose for the 13th straight month in February (the latest data released by S&P Global Case-Shiller today), up a massive 0.61% MoM (massively more than the 0.1% exp). Source: Bloomberg That pushed the YoY price up a stunning 7.29% (far...
US Futures Dip On Last Day Of April, First Down Month Of 2024
30.04.2024, 14:16 Uhr. ZeroHedge News - https: - US Futures Dip On Last Day Of April, First Down Month Of 2024 US equity futures dropped, and European markets were mixed on the last day of the month amid concerns the Fed may stick to its hawkish messaging at its meeting on Wednesday. As of 7:40am, S&P 500 and Nasdaq futures were down 0.1% while Europe’s Stoxx 600 index retreated 0.4%, while Asian...
HSBC CEO Unexpectedly Steps Down For 'Work-Life Balance'
30.04.2024, 13:45 Uhr. ZeroHedge News - https: - HSBC CEO Unexpectedly Steps Down For 'Work-Life Balance' HSBC Holdings Plc unexpectedly announced Tuesday that Chief Executive Noel Quinn is resigning after five years, citing the need for a 'better work-life balance.' The Asia-focused bank plans to complete the succession process in the second half of the year. Reuters said the top candidate...
"The Only Safe Asset" - Chinese Consumers Overtake India In Gold-Buying Frenzy
30.04.2024, 01:21 Uhr. ZeroHedge News - https: - "The Only Safe Asset" - Chinese Consumers Overtake India In Gold-Buying Frenzy Who could have seen this coming? ICYMI from Nov 2023, when gold was still 1900 Behind The Mysterious Explosion In Gold Prices: China's "Massive Accumulation Of Gold"https://t.co/6Yg2HPmMwf — zerohedge ( zerohedge) April 28, 2024 In November 2023, with gold trading around...
Uranium Stocks Rise After White House Mulls Russian Import Ban
29.04.2024, 23:20 Uhr. ZeroHedge News - https: - Uranium Stocks Rise After White House Mulls Russian Import Ban Uranium stocks moved higher late in the US cash session after a report from Bloomberg, citing "people familiar with the matter," revealed that the Biden administration is considering an executive order to ban Russian imports of enriched uranium after congressional efforts stall. Officials...
Yen & Yellen Yank Stocks, Bonds, & The Dollar On Otherwise Quiet Day
29.04.2024, 22:01 Uhr. ZeroHedge News - https: - Yen & Yellen Yank Stocks, Bonds, & The Dollar On Otherwise Quiet Day A quiet micro and macro day was dominated by Treasury's QRA news (which spoiled all the fun by coming in less than some hyperbolic expectations), and Japanese intervention the FX markets. Before the QRA headlines, Goldman's trading desk noted that overall activity levels were down...
"I'm Worried...[About] Four More Years" - Dallas Fed Manufacturing Contracts For 24th Straight Month
29.04.2024, 18:40 Uhr. ZeroHedge News - https: - "I'm Worried...[About] Four More Years" - Dallas Fed Manufacturing Contracts For 24th Straight Month The Dallas Fed Manufacturing Outlook survey has now been in contraction (below zero) every month since May 2022, falling modestly to -14.5 in April (worse than the -11.2 expected). New Orders also remain negative (but did improve) and prices continue...
Rabobank: Biden's Dire Rating On His Handling Of The Economy Is Remarkable
29.04.2024, 17:41 Uhr. ZeroHedge News - https: - Rabobank: Biden's Dire Rating On His Handling Of The Economy Is Remarkable By Benjamin Picton, senior strategist at Rabobank The S Word Last week the data caught up with the public mood. Annualized US GDP for Q1 was +1.6%, well below the 2.5% consensus estimate and even below the most pessimistic estimate of +1.7% in the Bloomberg survey. Meanwhile...
Intervention Or Not, Yen Bears Will Stay Confident
29.04.2024, 15:46 Uhr. ZeroHedge News - https: - Intervention Or Not, Yen Bears Will Stay Confident By Vassilis Karamanis, Bloomberg Markets Live reporter and FX strategist Unless Japanese authorities show their hand with conviction when it comes to intervening in the spot market, the yen is bound to stay under pressure over the medium-term. The currency’s sharp rally this morning certainly looks...
"Much Milder Than Feared": Philips Shares Soar 43% After US Sleep Apnea Settlement
29.04.2024, 15:25 Uhr. ZeroHedge News - https: - "Much Milder Than Feared": Philips Shares Soar 43% After US Sleep Apnea Settlement Shares of Royal Philips on Euronext Amersterdam surged as much as 43% Monday, the most on record after a lower-than-expected settlement in the US linked to faulty Respironics ventilators for sleep apnea. The Dutch medical equipment manufacturer recalled the therapy...
Futures Rise, Yen Downgraded To Banana Republic Currency After Another Rollercoaster Session
29.04.2024, 14:24 Uhr. ZeroHedge News - https: - Futures Rise, Yen Downgraded To Banana Republic Currency After Another Rollercoaster Session US equity futures swung between gains and losses and traded near session highs as US traders walked to their desks on Monday morning after a rollercoaster day for the Japanese yen, which increasingly looks like some 3rd world banana republic currency instead...
Tesla Jumps After China Greenlights Full-Self Driving With Baidu
29.04.2024, 13:45 Uhr. ZeroHedge News - https: - Tesla Jumps After China Greenlights Full-Self Driving With Baidu Tesla shares jumped in premarket trading in New York after Bloomberg reported that Beijing had given Tesla the 'greenlight' to roll out its driver-assistance system, known as "Full Self-Driving," or FSD, in the world's largest car market. Sources say Tesla will partner with Chinese...
Team Trump will De-Dollarisierung mit neuem Sanktionskreuzzug stoppen
29.04.2024, 07:36 Uhr. uncut-news.ch - https: - Laut Bloomberg erwägen die Wirtschaftsberater des ehemaligen US-Präsidenten Donald Trump die Verhängung von Sanktionen gegen Länder, die sich vom Dollar abwenden, sollte der republikanische Kandidat die nächsten Wahlen gewinnen. Donald Trump und sein Team sind besorgt über den Abwertungstrend des Dollars, der sich beschleunigt hat, nachdem der...
Relentless Chinese Bond Rally Hints at Yuan Challenge Ahead
29.04.2024, 05:41 Uhr. ZeroHedge News - https: - Relentless Chinese Bond Rally Hints at Yuan Challenge Ahead By Charlie Zhu and Helen Sun, Bloomberg Markets Live reporters and strategists Three things we learned last week: 1. China’s bond rally seems unstoppable amid a shortage of quality assets for investments. From government bonds to corporate debentures, traders keep hunting for yields in all...
'FX Vigilantes' Strike - Yen Suddenly Crashes To April 1990 Lows Against The Dollar
29.04.2024, 05:15 Uhr. ZeroHedge News - https: - 'FX Vigilantes' Strike - Yen Suddenly Crashes To April 1990 Lows Against The Dollar The yen crashed in early Asia trading, tumbling to match is exact lows from April 1990 in what is being blamed on a 'fat finger' trade or multiple barrier-option trades being triggered, by sources that have literally no idea. The plunge extended Friday's big drop which...
Tesla Attorneys Target Shareholder Trying To Stop Moving Musk's Pay Fight To Texas
27.04.2024, 18:15 Uhr. ZeroHedge News - https: - Tesla Attorneys Target Shareholder Trying To Stop Moving Musk's Pay Fight To Texas Richard Tornetta, who was at the center of Tesla shareholders' claim that Elon Musk was taking an excessive pay package, is now at the center of claims that Tesla should not be reincorporating to Texas to approve Musk's voided pay plan. But Tesla is firing back at Tornetta...
Florida Developer Seeks $100 Million For Penthouse Atop 66 Story Building In Brickell Key
27.04.2024, 15:58 Uhr. ZeroHedge News - https: - Florida Developer Seeks $100 Million For Penthouse Atop 66 Story Building In Brickell Key It looks as though the flight to Florida, specifically Miami, by Wall Street firms and New Yorkers during the height of Covid is starting to pay dividends for the state. And if commercial real estate is dead, someone forgot to tell Swire Properties Inc., who is...
UK Navy Reports Two Vessels Attacked In Red Sea, One Damaged
27.04.2024, 00:00 Uhr. ZeroHedge News - https: - UK Navy Reports Two Vessels Attacked In Red Sea, One Damaged Yemen's Iran-backed Houthi rebels may have launched attacks on two vessels transiting southwest of Mukha, a port city on the highly contested southern Red Sea. Bloomberg says the UK Navy has confirmed two attacks on vessels in a series of headlines hitting the Terminal around 1400...
US Bank Deposits Suffer Biggest Weekly Decline Since 9/11 As Tax Man Cometh
26.04.2024, 23:20 Uhr. ZeroHedge News - https: - US Bank Deposits Suffer Biggest Weekly Decline Since 9/11 As Tax Man Cometh It's that time of year again and US bank deposits sure showed it... While money-market funds' total assets fell over $100BN, on a non-seasonally-adjusted (NSA) basis, total bank deposits crashed by a stunning $258BN as Tax-Day cometh. That is considerably more than the $152BN...
Micro Trumps Macro As Stocks Shrug Off Week Of Higher Inflation, Higher Rates, & Lower Growth
26.04.2024, 22:02 Uhr. ZeroHedge News - https: - Micro Trumps Macro As Stocks Shrug Off Week Of Higher Inflation, Higher Rates, & Lower Growth It was an ugly macro week... Source: Bloomberg ...and worse still, 'growth' surprises disappointed significantly while 'inflation' surprises surprised to the upside significantly... Source: Bloomberg Soaring inflation expectations sent rate-cut expectations...
JPY Plunges To Fresh 34-Year-Lows After BoJ Does Nothing... Again
26.04.2024, 16:50 Uhr. ZeroHedge News - https: - JPY Plunges To Fresh 34-Year-Lows After BoJ Does Nothing... Again Having already lost more than 10% of its value versus the US dollar this year, the yen plunged further overnight after Bank of Japan Governor Kazuo Ueda indicated monetary policy will stay easy as he kept rates unchanged and showed little to no support for the embattled currency during...
Yuan Devaluation Fever Heats Up As China Stockpiles Metals
26.04.2024, 16:38 Uhr. ZeroHedge News - https: - Yuan Devaluation Fever Heats Up As China Stockpiles Metals Authored by Simon White, Bloomberg macro strategist, Gold trading in China has exploded and stocks of copper have risen sharply prompting speculation that policymakers are on the brink of a yuan devaluation. Even though it’s still a tail-risk, it’s one requiring greater vigilance as the...
UMich Inflation Expectations Accelerated In April To 2024 Highs
26.04.2024, 16:10 Uhr. ZeroHedge News - https: - UMich Inflation Expectations Accelerated In April To 2024 Highs Short-term inflation expectations rose... again... according to the latest UMich sentiment survey with 1-year expectations at 3.2% final, up from preliminary 3.1% for April, and 2.9% for March. This is the highest level since Nov 2023... Source: Bloomberg The headline sentiment also declined...
Anglo American Rejects BHP's Takeover Deal, Calls It "Highly Unattractive"
26.04.2024, 15:35 Uhr. ZeroHedge News - https: - Anglo American Rejects BHP's Takeover Deal, Calls It "Highly Unattractive" The world's largest global diversified miner, BHP, is being forced to significantly raise its buyout offer of Anglo American or walk away from the proposed all-share deal valued at £31.1 billion ($38.9 billion). "The BHP proposal is opportunistic and fails to value Anglo...
Fed's Favorite Inflation Indicator Prints Hotter-Than-Expected As Savings Rate Plunges
26.04.2024, 14:40 Uhr. ZeroHedge News - https: - Fed's Favorite Inflation Indicator Prints Hotter-Than-Expected As Savings Rate Plunges With inflation data surprising to the upside recently... Source: Bloomberg ...the doves' last chance for sooner than later rate-cuts is today's Core PCE Deflator - often described as The Fed's favorite inflation signal. Last month saw an uptick in the headline deflator...
China Is Pivotal For US Inflation's Path
26.04.2024, 14:25 Uhr. ZeroHedge News - https: - China Is Pivotal For US Inflation's Path Authored by Simon White, Bloomberg macro strategist, A more forthright response from China to its deflationary predicament would further support US inflation that is already proving sticky, adding to longer-term upwards pressure on term premium and thus yields. There are upside risks to the US PCE release today...
Chipotle Tells Workers To "Preserve" Chicken Supply As Demand Soars
26.04.2024, 11:45 Uhr. ZeroHedge News - https: - Chipotle Tells Workers To "Preserve" Chicken Supply As Demand Soars A surge in restaurant traffic boosted Chipotle Mexican Grill's first-quarter earnings and revenue, topping the average estimate of Wall Street analysts tracked by Bloomberg on Wednesday. Shares are higher by more than 5% in the cash session on Thursday. However, this note will not expand...
SEC Expected To Deny Spot Ether ETFs In May, Consensys Sues Over 'Security' Status
26.04.2024, 02:46 Uhr. ZeroHedge News - https: - SEC Expected To Deny Spot Ether ETFs In May, Consensys Sues Over 'Security' Status There are increasing doubts among industry insiders that the SEC will approved Spot Ether ETFs in May, according to a report from Reuters. According to four people who participated, recent meetings between issuers and the SEC have been one-sided and agency staff have...
As Tax-Season Ebbs, Money-Market Funds See Return Of Inflows; Fed's Bank Bailout Fund Remains At $126BN
25.04.2024, 23:05 Uhr. ZeroHedge News - https: - As Tax-Season Ebbs, Money-Market Funds See Return Of Inflows; Fed's Bank Bailout Fund Remains At $126BN After the prior week's almost unprecedented outflows, total money market fund assets rose last week (admittedly by a modest $9.1BN), but remain below the $6TN level ($5.97TN) as tax-season draws roll off... Source: Bloomberg The flows into money-market...
Stagflation Signal Slams Stocks & Bonds; Bullion & Black Gold Bid
25.04.2024, 22:01 Uhr. ZeroHedge News - https: - Stagflation Signal Slams Stocks & Bonds; Bullion & Black Gold Bid Overall, US macro data has suddenly started to disappoint (not the least of which was today's ugly GDP print)... Source: Bloomberg But, while 'bad news' for the economy has recently been 'good news' for stocks (enables an easier Fed), today's data 'punched that narrative in the face'...
Sixth Time The Charm? Meet The ZiG: Zimbabwe's New 'Gold-Backed' Currency
25.04.2024, 19:48 Uhr. ZeroHedge News - https: - Sixth Time The Charm? Meet The ZiG: Zimbabwe's New 'Gold-Backed' Currency Authored by Peter C. Earle via The American Institute for Economic Research, Zimbabwe’s historical relationship with money has been inundated with mistakes, recklessness, and hardship. During the peak of its 2008 hyperinflation, the nation experienced a catastrophic economic...
Gold Prices: Beyond Inflation And Real Yields
25.04.2024, 18:28 Uhr. ZeroHedge News - https: - Gold Prices: Beyond Inflation And Real Yields Authored Robert Burrows via BondVigilantes.com, Renowned for its role as a hedge against economic uncertainty and inflation, gold has long captivated investors. One key factor influencing gold’s price is the relationship between real yields and inflation. Over the long term, gold has protected one against...
Is Dune A Copy Of Our Real World
25.04.2024, 17:50 Uhr. ZeroHedge News - https: - Is Dune A Copy Of Our Real World By Michael Every of Rabobank The Golden Path USD/JPY is at 155, a fresh 34-year high, with the Yen slumping 10.2% year-to-date and suggestion that intervention may not come until we get to 160, a level last seen in 1986. USD/CAD is off recent lows at 1.37 but under pressure (as noted by Christian Lawrence): some suggest...
Falling Bond Yields Show It's Crunch Time In China
25.04.2024, 16:35 Uhr. ZeroHedge News - https: - Falling Bond Yields Show It's Crunch Time In China Authored by Simon Black, Bloomberg macro strategist, Sovereign yields in China have been falling in recent months, in marked contrast to almost every other major country. This is a key macro variable to watch for signs China is ready to ease policy more comprehensively as its tolerance is tested for...
BHP Proposes $39 Billion Takeover Over Anglo To Form Copper Mining Giant
25.04.2024, 16:25 Uhr. ZeroHedge News - https: - BHP Proposes $39 Billion Takeover Over Anglo To Form Copper Mining Giant The world's largest global diversified miner, BHP Group, is making a monster bet on surging future copper demand with the proposed takeover of Anglo American Plc. The bet is based on the thesis that the world's power grids need a major overhaul and that the electrification of...
Wall Street Reacts To Today's Stagflationary Data Dump
25.04.2024, 16:08 Uhr. ZeroHedge News - https: - Wall Street Reacts To Today's Stagflationary Data Dump After today's stagflationary GDP print, which came below the lowest Wall Street estimate even as core PCE came in above the highest estimate... ... there has been an outcry of horror from Wall Street's traders, analysts and strategists as the BEA once again steamrolled all over Wall Street's benevolent...
US Pending Home Sales Rise In March, But...
25.04.2024, 16:08 Uhr. ZeroHedge News - https: - US Pending Home Sales Rise In March, But... After new home sales soared (thanks to prior downward revisions) and existing home sales plunged in March (along with the collapse in housing starts and permits in March), this morning's pending home sales data was expected to rise very modestly MoM (less than in February) but remain lower on a YoY basis...
'Stagflationary' GDP Data Sparks Market Turmoil, Rate-Cut Hopes Crushed
25.04.2024, 15:00 Uhr. ZeroHedge News - https: - 'Stagflationary' GDP Data Sparks Market Turmoil, Rate-Cut Hopes Crushed Weaker than expected growth and hotter than expected prices... the perfect example of a central banker's nemesis: Stagflation... and the market is very unhappy about it. Rate-cut expectations have dropped back near cycle lows (for 2024 and 2025)... Source: Bloomberg Treasury yields...
Initial & Continuing Jobless Claims Continue To Ignore Reality
25.04.2024, 14:39 Uhr. ZeroHedge News - https: - Initial & Continuing Jobless Claims Continue To Ignore Reality In the real world labor market, 2024 has been a shitshow of layoffs... 1. Everybuddy: 100% of workforce 2. Wisense: 100% of workforce 3. CodeSee: 100% of workforce 4. Twig: 100% of workforce 5. Twitch: 35% of workforce 6. Roomba: 31% of workforce 7. Bumble: 30% of workforce 8. Farfetch:...