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Hynix IPO / China still buying GOLD / German budget / JGB's, JPY, JPN Pension Fund shift incoming

  • sc0172
  • 2 days ago
  • 3 min read

  • Iran updates : The US and Iran are continuing technical talks, a person familiar said, following two days of airstrikes by both sides that threatened a fragile ceasefire. Oil steadied after yesterday’s decline

  • Markets : chips stocks recover helping Asia, SK Hynix eyes blockbuster listing, JPY and pension shift is a NO brainer really JGB's spiked, China bought 480,000 ounces #GOLD in June, When you look at the US trade deficit with South Korea, Vietnam, and Taiwan (combined), it is just wow (U.S Ai spending creating the bubble in Asia..chart available on request) >> MUST follow JPY from here, need PF confirmation, this could clearly be big long-term shift

  • Micron spending plan buoys sector: the tech-heavy Nasdaq closed 1.3% higher overnight after Micron unveiled plans to invest more than $250bn in the United States through 2035, lifting the Philadelphia Semiconductor Index 3%, FEDE Warsh announced leadership of 5 task force, #JPY Japan urges its pension funds to invest more at home, boosting Yen (CLEARLY big if true, MUST follow, and

  • Germany has just approved its biggest growth agenda in 21st century, It has the fiscal space to recover its industrial strength and rebuild the foundations of EU growth

  • The AI race has a bottleneck nobody's talking about. It's not chips. It's not data. It's not regulation. It's a century-old device called the electrical transformer/thread

  • Eric Trump’s Bitcoin Bet Erases $600 Million From Family Fortune

  • Yen steady on pension shift hopes: the currency strengthened to 161.69 per dollar after Finance Minister Satsuki Katayama said the government would encourage pension funds, including the GPIF, to increase holdings of domestic assets, lifting Japanese bonds in tandem

  • Banijay selects London for merged TV group's headquarters

  • UK politics are seriously bonkers these days, The Met is now investigating Reform UK itself, and two people have been interviewed under caution


It is a no brainer and is required in addition to BoJ policy, if they serious they need Pension Funds's power. JGB's spiked (10's down 10bp in yields terms), less of a reaction in JPY, yet anyway





Berlin’s 2027 budget raises spending to €555bn and borrowing to €204bn. The package includes €10bn in tax relief, labour flexibility, pension reforms & a major defence expansion
























 
 
 

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