Hedge Funds ramp up dollar shorts on bets for slower Fed hikes
Source: Bloomberg
French trade deficit expanded in November
As November trade data come in - after European energy prices had come back down - we're getting a picture of the "new normal" across Europe. Here is the French trade deficit (-) every November. Huge trade deficit in 2022, exacerbated by the maintenance of nuclear power plants... Source: Robin Brooks
SWISS NATIONAL BANK POSTS $143 BILLION LOSS IN 2022, THE LARGEST IN ITS 115-YEAR HISTORY
The Swiss National Bank posted an annual loss of 132 billion Swiss francs ($143 billion) in 2022, it said on Monday, the biggest in its 115-year history as falling stock and fixed-income markets hit the value of its share and bond portfolio - source: Bloomberg
Swiss National Bank balance sheet trades in tandem w/FANG Plus Index
The Swiss National Bank is an active investor in stock markets, unlike most other Central Banks. SNB balance sheet trades in tandem w/FANG Plus Index. Source: Bloomberg, HolgerZ
A 55% YoY price increase for the classic burger...
While inflation starts to cool down in the US and Europe, it is soaring in Japan. Source: Wall Street Silver
Banks kick off US earnings season
Source: Earnings whispers
Bulk carrier ship Glory grounded in Suez Canal
Bulk carrier Glory ran aground in the Suez Canal on Monday morning, according to shipping agency Leth, which said efforts to refloat the vessel were underway. An employee of the Suez Canal Authority, who could not be named as the news had not been officially announced, told CNBC that other ships in the canal were still able to pass the grounded Glory by around 7:30 a.m. London time. The Suez Canal is one of the world’s most important waterways, with its 120 miles hosting 30% of global shipping container traffic and 12% of all global trade worth about $1 trillion annually. Source: CNBC
The World's Largest Private Equity Firms By Assets Under Management (AUM)
Source: Finimize
