ECB Balance Sheet keeps shrinking
ECB total assets drop by another €29.7bn due to quarter-end adjustments (-€42.7bn) to €7,955,8bn, the lowest level since July 2021. ECB Balance Sheet now equals 61% of Eurozone GDP vs Fed's 33% and BoJ's 126%. Source: Bloomberg, HolgerZ
ECB also lags behind other Central Banks in terms of QT
ECB balance sheet remains almost unchanged last week. Total assets stand at €8,761.7bn, equal to 80.9% of Eurozone GDP vs Fed's 33.8% and BoJ's 127%.
Fed tightening forecasts are jumping
Fed tightening forecasts are jumping w/cycle ceiling jumps to 4.9% after hot US inflation data. Source: Bloomberg
#Samsung posts upbeat #earnings ! #stocks #trading #markets #Nasdaq #trending
Samsung reported better than expected revenue, signaling tech earnings may not be as bad as some feared about weakening demand and a rise in material costs. Investors are slowly shifting toward the view that the economic slow down may not be as painful as thoughts a few weeks earlier and there are increasing signs that inflation should ease in the medium term.
