BOE to Start Gilt Sales Nov. 1, Focus on Short and Medium Debt

BOE to Start Gilt Sales Nov. 1, Focus on Short and Medium Debt

From bnnbloomberg.ca

The Bank of England will start its delayed bond sales early next month, but will initially exclude the long-dated debt at the heart of recent market turmoil following the government’s ill-fated fiscal plans. The announcement of so-called quantitative tightening is a statement of intent from the central bank, which had been on the defensive for weeks after fallout from massive unfunded tax cuts forced it to start buying gilts again in order to avert a fire sale by pension funds. The market chaos was a major distraction, with the central bank trying to focus on monetary tightening to tame inflation that stands near a ... (full story)

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Japan's Finance Minister Suzuki: Constantly monitoring fx markets
From @financialjuice|Oct 18, 2022|2 comments
tweet at 6:59pm: JAPAN'S FINANCE MINISTER SUZUKI: CONSTANTLY MONITORING FX MARKETS. tweet at 7:08pm: JAPAN'S FINANCE MINISTER SUZUKI: WE WILL CHECK FX RATES MORE FREQUENTLY - JIJI. tweet at 7:09pm: JAPAN'S FINANCE MINISTER SUZUKI: WE WILL RESPOND APPROPRIATELY TO THE FX MARKET BASED ON EXISTING POLICY - JIJI.
FX Market Commentary: Dan Deming, 10/18/22
From youtube.com/cmegroup|Oct 18, 2022
GBP futures pull back from their intraday highs and close lower on the session. Dan Deming discusses.
Fed's Kashkari sees rates rising to the mid-four range next year
From @DailyFXTeam|Oct 18, 2022
tweet at 6:12pm: Fed's Kashkari sees rates rising to the mid-four range next year #DXY tweet at 6:13pm: FED'S KASHKARI: I DON'T SEE A STOP AT 4.5% OR 4.75% IF THERE IS NO CORE CPI IMPROVEMENT.

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Tail(s) Wag Dog(s)
From business.nab.com.au|Oct 18, 2022
Another volatile if ultimately quite featureless day Tuesday in terms of net price movements across bonds, FX, and equities. The latter have just closed in New York with the ...
Stealth Intervention Talk Permeates Market as Yen Approaches 150
From bnnbloomberg.ca|Oct 18, 2022
The yen carried on its seemingly inevitable march toward 150 per dollar, as traders scoured intraday moves for evidence of stealth intervention from Japan. Twice in under a week ...
BoJ's Governor Kuroda: Recent yen weakness is one-sided and sharp
From @financialjuice|Oct 18, 2022|10 comments
tweet at 9:13pm: BOJ'S GOVERNOR KURODA: RECENT YEN WEAKNESS IS ONE-SIDED AND SHARP. tweet at 9:13pm: BoJ’s Gov Kuroda: - Extremely Important for FX to Move Stably Reflecting Econ Fundamentals - Recent Yen Weakening Sharp, One Sided - This Kind of Sharp, One-Sided Weakening Is Not Desirable For Economy

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