Mtl JP 18:43 GMT March 16, 2023
mkt
ahhh ... I forgot
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a deposit , on a bank's book, is a LIABILITY
Mtl JP 18:38 GMT March 16, 2023
mkt
why ... what there to talk about ?
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"A group of banks are in talks to deposit $30 billion in First Republic, sources say"
Mtl JP 17:51 GMT March 16, 2023
mkt
report by Andrew Duehren in WSJ:
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Janet Yellen Says Banking System Is Healthy After SVB Collapse
Mtl JP 17:24 GMT March 16, 2023
mkt
CB 14:38 thanks
for the overdose
dc CB 16:17 GMT March 16, 2023
mkt
Today's Treas Auctions....
ru ro
hk ab 14:59 GMT March 16, 2023
mkt
Reply
maybe US new tactics is to drag oil to be under $5 to make Russia to surrender........
Where will gold be when crude is at $5? (deliberately?)
dc CB 14:59 GMT March 16, 2023
mkt
Gammy don't like the mean Senators asking her questions
Mtl JP 14:42 GMT March 16, 2023
mkt
I am amazed how all the reporters are all serious, keeping straight face and tone
no-one giggling uncontrolably at her "price stability" issues, tools .. assessment of financial incoming data needs to be confirmed by underlying component of .... aw aw -awoooo
dc CB 14:38 GMT March 16, 2023
mkt
Treasury Secretary Yellen appears before Senate committee after failure of SVB
live
Mtl JP 14:24 GMT March 16, 2023
mkt
lagarde , looking either proud or like a fox looking at chickens
presents NEW: "reaction function" � which has three base components.
refering to first paragraph in her monetary policy statement
https://www.ecb.europa.eu/press/pressconf/2023/html/ecb.is230202~4313651089.en.html
in which, she says, she is trying to dissect for you the mechanism of the reaction function:
1) Assessment of the inflation outlook in light of incoming data
2) dynamics of underlaying inflation
3) strength of her monetary policy transmission
something she says she never did before and is 'really the best guidence she can provide"
get that peasant ?!
hk ab 14:08 GMT March 16, 2023
mkt
Reply
sparking FED to hike 50 as well.
Mtl JP 14:05 GMT March 16, 2023
mkt
she stands ready .. rofl
Mtl JP 13:32 GMT March 16, 2023
mkt
lagarde yaks at 9:45
hopefully she ll do whaty she does best:
try to speak out of both sides of her mouth
something not likely to be appreciated by players
GVI Forex 12:47 GMT March 16, 2023
mkt
EUR hit on this
ECB told ministers on Tuesday that sone EU banks could be vulnerable, according to Bloomberg
Newsquawk.com
swiss frank 11:05 GMT March 16, 2023
mkt
I see 1.03255
Mtl JP 10:56 GMT March 16, 2023
mkt
someone plz confirm eurdlr's 200day
tia
Mtl JP 10:33 GMT March 16, 2023
eurusd
viies did your statistics have anything to do with Prince Abdulaziz''s warning against yellen imposing price cap on Saudi oil exports ?
PAR 09:54 GMT March 16, 2023
Credit Suisse
Is Credit Suisse trying to put pressure on ECB?
Big ECB Hike Called Into Doubt by Credit Suisse
European inflation is at 8.5%.
ECB interest rates are at 2.5%
European interest rates are way too low and if Credit Suisse doesn't get that it is one of the reasons why they are almost bankrupt.
PAR 08:10 GMT March 16, 2023
Credit Suisse
Reply
Credit Suisse will borrow up to 50 billion Swiss francs from the Swiss National Bank and it offered to repurchase up to 3 billion francs worth of senior debt securities.
This comes as the SNB and CS discuss options to stabilize the bank, including a possible spin-off or tie-up with UBS. Credit Suisse�s ADRs pared losses after the SNB earlier said it would provide the liquidity backstop.
GVI Forex 08:07 GMT March 16, 2023
mkt
The European Central Bank (ECB) meets today for the first big test of policymakers' response to bank stability fears that are sweeping the globe.
In Asia the brakes came on a rout in bank shares after Credit Suisse's CSGN.S late-night announcement of plans to borrow as much as 50 billion francs ($54 billion) from the Swiss National Bank.
MORNING BID EUROPE-ECB into the eye of banking storm
Mtl JP 07:37 GMT March 16, 2023
eurusd
viies 19:14
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▉━╯┗━╮
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╱╰━━━╯
jkt abel 07:12 GMT March 16, 2023
buy gold
Reply
buy gold 1912-1915, we are going to see 1950 test soon
dc CB 02:18 GMT March 16, 2023
How Will the Latest Banking Crisis (CS) Affect the ECB and the Fed?
Summary:
Saudis fold - refuse to throw any more money at Credit Suisse
Credit Suisse stock hits record low
Credit Suisse 1Y CDS explodes as counterparty risk hedging soars
Credit Suisse execs urged a "show of confidence" from the Swiss National Bank
ECB quantifying exposures to Credit Suisse
US Treasury monitoring situation, talking with other regulators
Fed working with UST to quantify exposures
One major govt is pressuring Swiss to intervene
Systemic risk threat spreads globally
Swiss authorities seeking to stabilize bank
Swiss National Bank and Finma issue statement of support
Credit Suisse said it�s planning to borrow from the Swiss National Bank up to CHF50 billion under a covered loan facility.
Update (21:00ET): And so, the "bailout" arrives just a few hours before the Europe open, Credit Suisse said it�s planning to borrow from the Swiss National Bank up to CHF50 billion ($54 billion) under a covered loan facility which is "fully collateralized by high quality assets". It wasn't immediately clear what high quality assets CS has left to pledge but in a time of BTFP, we are confident they found something.
The bank also announced offers by Credit Suisse International to repurchase certain OpCo senior debt securities for cash of up to about CHF3 billion, which will help the bank pick up a few pennies in bond discount, even as it faces tens of billions in deposit flight.
(guess where----?
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