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9 Jan 2023

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

8 Jan 2023

Central banks are buying record amounts of Gold

Source: The Economist

6 Jan 2023

The main reason for BoJ to exit yield curve control (YCC)

Main reason for BoJ to exit yield curve control (YCC) is that it's had to buy unsustainably large amounts of JGBs to cap yields as global interest rates have risen. But the slow exit from YCC is now having the opposite effect. BoJ holdings of JGBs (red) are through the roof... Source: Robin Brooks

5 Jan 2023

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

9 Nov 2022

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%.

13 Oct 2022

Fed tightening forecasts are jumping

Fed tightening forecasts are jumping w/cycle ceiling jumps to 4.9% after hot US inflation data. Source: Bloomberg

17 Aug 2022

#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.

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