Call Options Volume in Precious Metals is surging to 1-year highs according to Goldman Sachs.
Chart includes $GDX $GLD $SLV Source: barchart
Bitcoin inflows to exchange user deposit wallets are low, i.e those who have bictoin in storage do not show any intent to sell even after recent rally
Source chart: CryptoQuant
Japan | Yen Gains With Bank Stocks as Wages, BOJ Remarks Boost Hike Bets – Bloomberg
The yen climbed to a one-month high and Japanese bank shares rose after wage data and a Bank of Japan board member’s remarks bolstered speculation the authority will raise interest rates this month. Japanese government bonds extended their drop as data from an auction of 30-year debt indicated weak investor demand for long-maturity securities ahead of the expected BOJ shift. Policy-sensitive two-year notes also fell, with their yield climbing to 0.195%, the highest level since 2011.
The end of Mag7?
Last year the Mag7 essentially moved in unison and was the make-or-break trade. 2 months into 2024 there is a HUGE dispersion in the group. Source: Bloomberg, HolgerZ
BREAKING: New York Community Bank stock, $NYCB, rises 20% after announcing $1 billion capital raise.
The stock is now up 125% from its low of the day seen just 2 hours ago. Completely normal behaviour for a bank with $100 billion+ in assets. Source: The Kobeissi Letter
Bloomberg reports that New York Community Bancorp plans to announce an equity investment of more than $1 billion
Led by Steven Mnuchin’s Liberty Strategic Capital, Hudson Bay Capital and Reverence Capital Partners, according to a spokesperson for the bank.
The Egyptian Pound is down 37% against the USD after switching to a flexible exchange rate
Source: Barchart
Television will eventually follow the path of print newspapers and slowly disappear.
My daughter and most of her friends don’t even have a TV-set anymore. Those who control social media will accumulate enormous political power as we go forward. Source: Michel A.Arouet
