What a headline...
Hafize Gaye Erkan, the new head of Turkey’s central bank, said rampant inflation has priced her out of Istanbul’s property market, leaving the former finance executive with no choice but to move back in with her parents. “We haven’t found a home in Istanbul. It’s terribly expensive. We’ve moved in with my parents,” 44-year-old Hafize Gaye Erkan, who took up her post in June after two decades in the United States, told reporters. Source: Wall Street Silver
BREAKING: China's central bank injects RECORD monthly amount into money markets
Source: Bloomberg
Monetary policy is now easing globally - and will ease much more in 2024/25 - at a time when fiscal deficits are far above the global financial crisis levels
Source: BofA
Too much, too fast? Markets is seeing the FED being the most aggressive in terms of rate cuts next year
Source: DB, TME
Gold rallying to 2k$ despite investors selling gold is remarkable. Is it all driven by central banks demand?
Source: Michel A.Arouet, Bloomberg
Central banks are on pace to buy over 1,000 tons of gold again
Despite the near-record annual purchases, it's worth noting that these institutions once held 80% of their balance sheet in gold Today, it's barely 20%. A return to the historical average of central banks holding 40% of their balance in gold could propel gold prices north of $3,000 based solely on that capital dynamic... Source: Tavi Costa, BofA
Liquidity continue to matters for stocks
Source: www.zerohedge.com, Bloomberg
central banks have become dominant holders
Source: Michel A.Arouet
