Stéphan
Apr 83 min
Our friends in America will be all watching later on!
Week ahead : (NFP Friday still pretty strong all round), earnings season picking up in the U.S (banks mainly), ''signs'' of middle east tension easing, Yellen-China news to follow, U.S CPI and FOMC minutes pretty key on Wednesday, UST's had one of their worst weeks in 6months, all yields across board on highs YTD, GOLD, Silver making renewed pushed higher as we started the week
China was a buyer of Gold for the 17th consecutive month even as prices soared to all-time highs >>> the rally in #XAUUSD is no a retail thing, retail implied allocations via ETF's remains very low, near bottom of range of last 10+ years, as price of gold breaks to new highs..big convergence that will sooner or later be looked at by mr market
ME crisis, signs of progress ion truce talks, watch Brent for signs of tension cooling
Yellen : “I have just concluded an extensive and productive two days of meetings in Guangzhou with Vice Premier He Lifeng of the People’s Republic of China. After significant discussion with my counterpart, I am pleased that we have agreed to launch two significant new initiatives that will advance the interests of American workers and firms and help protect U.S. national security
Powell still expects Fed to lower rates this year as inflation follows a 'bumpy' path down to 2% - let's hear it int he minutes
#USDJPY the BoJ is going to be tested by markets 152+, do they walk the walk, or just keep on talking, a little hard to stop USDJPY from going up on talk talk, while UST yields go up
EV price war intensifies as China car makers battle for market share, this will take EU inflation down further than in the U.S (diff trade policies), EV car deflation coming
German industrial production increased for a second month, underpinning hopes the economy is turning around
China PBOC Buys Gold for 17th Month as Prices Hit Record (yahoo.com)
EV price war intensifies as China car makers battle for market share (thedriven.io)
Ford delays next-gen EV offerings as it pushes further into hybrids (yahoo.com)
China says innovations, not subsidies, are powering EV edge as Yellen raises ‘overcapacity’ concerns (msn.com)
Powell still expects Fed to lower rates this year as inflation follows a 'bumpy' path down to 2% (yahoo.com)
Ukraine war: UN body urges restraint after Zaporizhzhia nuclear plant hit (bbc.com)
UPDATE 1-Iran's Foreign Minister Continues Regional Tour With Syria (msn.com)
Opinion | If A.I. Takes All Our Jobs, Will It Also Take Our Purpose? - The New York Times (nytimes.com)
Don't buy eclipse glasses on Amazon, Temu, or eBay, experts say (qz.com)
Is the Swiss-Tunisian migration partnership truly a ‘win-win' relationship? - SWI swissinfo.ch
Quite well
The EU plot to ensnare Switzerland - spiked (spiked-online.com)
Not again! Southwest Airlines Boeing 737 lost engine cover during takeoff, FAA investigating (cnbc.com)
Japan's real wages fall for 23rd month in a row (cnbc.com)
Swiss population grows at fastest rate since 1960s, spurred by Ukrainians - SWI swissinfo.ch
#GOLD miners about to blow up (plenty of other ETF's - just an example)
GBPCHF - setting up a decent move up!?
Copper breaking up