top of page

AI token prices down 50% in 3mos / PHP all time lows / China deleveraging, record low yields / FED minutes next

  • sc0172
  • 1 day ago
  • 3 min read

  • Fed minutes in focus: Investors will scrutinise the minutes from the Fed's latest meeting for signs of how policymakers are balancing persistent inflation against a cooling labour market. Markets currently price around a 35% probability of a Sep rate hike

  • Iran update : Trump takes Iran hard line as Hormuz tensions set new normal

  • Markets : crude firmer yet again Brent +$90, bond yields a little softer overnight 10's UST 4.68%, China just saw its largest monthly decline in bank loans in AT LEAST the last 6 years ('households deleveraging cycle!!¨¨ , property prices down 30-50% since 2019 record highs, record low yields etc.. / Thread) U.S Pending Home Sales fall to 2nd lowest level in history & Private Credit Percentage of loans from borrowers that have stopped paying or are on the brink of default is at its highest level in a decade (charts below), PHP hits an all time lows vs USD, THE AVERAGE AI TOKEN PRICES ARE NOW DOWN OVER 50% OVER THE LAST 3 MONTHS (good for users, should be negative for stock prices of related companies..) >>> few selling-hedges put on last 2 days in QQQ as UST yields hit new slight higher highs and USD rallied, all small moves, but reversed overnight

  • The AI boom is starting to reshape the global bond market itself - FT (already has..)

  • Gold standard is reborn amid central bank surge

  • Germany’s 12mth rolling trade deficit w/China has blown out to a record €102bn (Thread) - once upon a time Germany exported card to China, now reversing!)..

  • UK inflation accelerates: CPI rose to 2.9% in July from 2.6% in June, driven largely by higher energy costs, increasing pressure on the Bank of England and potentially limiting the scope for further rate cuts




















 
 
 

Comments

bottom of page