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The Great Fall Of China's Housing Market: Who Will Pay The Price? | Insight | China Mortgage Boycott (could shake the financial markets too)

No fears for a SNB intervention on Swiss Franc are justified right now. That are good news for all of us trading CHF pairs too.

Swiss franc not highly valued, Swiss National Bank chairman says (REUTERS)

ZURICH, Oct 1 (Reuters) - The Swiss franc is not highly valued despite its nominal rise, Swiss National Bank Chairman Thomas Jordan told a Swiss newspaper, adding the central bank intended to be deliberately vague about how it sees the safe-haven currency.

"In the past, we referred to the Swiss franc as being highly valued or even significantly overvalued in order to give a signal regarding the need for intervention. At the moment, the Swiss franc's valuation is no longer clearly high, and we do not want to comment on every move," he told the Neue Zuercher Zeitung paper in an interview released on Saturday.

His comments come as the SNB focuses on using franc strength to fight inflation after years of currency intervention and negative interest rates to keep a lid on the franc for fear it would cripple the export-dependent economy. read more

Jordan said he did not see a period of competitive currency appreciation as other central banks adopt the same strategy.

"The yen is at a historic low, the pound sterling has lost significant value and the euro is comparatively weak. I don't see signs of competitive appreciation. The two strong currencies, the U.S. dollar and the Swiss franc, are considered safe havens," he said.

Jordan said the SNB's balance sheet was a policy instrument it could use alongside its policy rate to ensure price stability.

"We are not going to reduce our balance sheet simply because of the sheer size, but if it helps us ensure price stability, of course we will," he said.
Winding down the SNB's balance sheet "will probably take considerable time", he said.

"If we were to sell large amounts of foreign currency holdings immediately, this would create too much appreciation pressure. The most favorable time to sell is when we have inflationary pressure, interest rates are clearly positive and the franc is showing a weakening trend."

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Explaining the GBP collapse

bro seriously... That conspiracy theorist guy.. omg

El-Erian is without doubt a very good guy. He had trillion under management being chief analyst with Allianz managing their bonds.

Another good video about Chinas real estate market problems.

thanks ill try

It seems to happen right now...negative news for the overall sector and market, could spillover as others are asking who is next ?

Credit Suisse shares tank 10% on restructuring, capital concerns
PUBLISHED SUN, OCT 2 202211:37 PM EDT UPDATED 46 MIN AGO, Jihye Lee@THEJIHYELEE

KEY POINTS

1. Shares of Credit Suisse plunged nearly 10% in Europe’s morning session, after the Financial Times reported the Swiss bank’s executives are in talks with its major investors to reassure them amid rising concerns over the Swiss lender’s financial health.
2. Spreads of the bank’s credit default swaps (CDS), which provide investors with protection against financial risks such as default, rose sharply Friday.
3. They followed reports the Swiss lender is looking to raise capital, citing a memo from its Chief Executive Ulrich Koerner.

Any suggestions for a good VPS for MFF?
I'm with Beeks, after they bought CNS, but weirdly unhelpful support at the moment.

Have you tried Google Cloud?

You could try Contabo - I have used them for many years with no issues.

Cheers
maahome

Post about prop firms in here stop placing useless you tube video"s

The Funded Trader has a thread now.

https://www.forexfactory.com/thread/...-funded-trader

every one of these firms need to have a rep in here as this is the most popular forex forum

I imagine they like Discord better because it's filled with Millenials and Gen Zers pooping themselves.

A thread on FF might result in some adult conversations. That might be awkward.