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  • Europe’s Bond Market Has Never Seen So Many Days With No Deals

    From bnnbloomberg.ca

    Europe’s bond market is enduring its worst drought in at least 8 years. The market has seen 32 days without a single public debt offering from governments and corporations this year, already surpassing 2018 as the slowest year since records begin in 2014, according to data compiled by Bloomberg. That tally is certain to rise since activity usually slows markedly during the August vacation season. The steep drop in borrowing reflects uncertainty facing the European economy as rising interest rates, surging inflation and the possibility that Russia could cut off natural gas supplies this winter raise the risks of a ... (full story)

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  • Aug 9, 2022 7:56am Aug 9, 2022 7:56am
  •  foto
  • Joined Jan 2007 | Status: Member | 2556 Comments
US Banks supposedly will not accept European Sovereign debt as collateral.

They do not wish to become bag holders when debt holders get swept into fracas, which a European recession will produce.
Only thing standing behind Euro is ECB
 
 
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    China's July new yuan loans expected to more than halve from June: Reuters poll

    From channelnewsasia.com|Aug 9, 2022

    China's new yuan loans are expected to fall back in July after record lending in the first half, a Reuters poll showed, but they are still likely to exceed the year earlier amount ...

    Yuan edges lower, pressured by COVID, property woes and Taiwan tensions

    From brecorder.com|Aug 9, 2022|1 comment

    The yuan weakened slightly against the dollar on Tuesday, as fresh COVID-19 outbreaks, property sector woes and geopolitical tensions clouded the outlook for China’s economy, even ...

    US dollar loiters off highs as traders wait on inflation data

    From brecorder.com|Aug 9, 2022

    The dollar lurked just below recent highs on Tuesday as traders waited for U.S. inflation data due later in the week, wary of a surprise that could heap more upward pressure on ...

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    Russia's Transneft: Ukrtransnafta stops pumping Russian oil through Druzhba pipeline to Hungary,...

    From @financialjuice|Aug 9, 2022|8 comments

    tweet at 6:15am: RUSSIA'S TRANSNEFT: UKRTRANSNAFTA STOPS PUMPING RUSSIAN OIL THROUGH DRUZHBA PIPELINE TO HUNGARY, CZECH REPUBLIC AND SLOVAKIA - RIA.

    EURJPY bullish correction still at risk

    From xm.com|Aug 9, 2022|1 comment

    EURJPY has been in the green every single day since the plunge to an almost three-month low of 133.39 and the creation of a bullish hammer candlestick last week, rising gradually ...

    US Dollar Offered but Stretched Intraday

    From marctomarket.com|Aug 9, 2022

    The US dollar is trading heavily against all the major currencies, led by Norwegian krone and euro. Emerging market currencies are also firmer. However, risk-appetites seem ...

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  • Posted: Aug 9, 2022 6:01am
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     Newsstand
    Category: Fundamental Analysis
    Comments: 1  /  Views: 906
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