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Repo rates in Tokyo slumped to a record Thursday as fiscal year-end activity led to a shortage of Japanese government bonds for collateral.
The European Securities and Markets Authority said it is scrutinizing the market for credit default swaps after recent trading activity amplified turmoil for banking stocks.
Charles Schwab Corp.’s clients are pulling cash out of the firm’s low-interest-rate bank accounts at twice the rate that Morgan Stanley expected, prompting the firm’s analyst to yank his buy-equivalent rating on Schwab for the first time since he began covering the brokerage stock seven years ago.
For the past two decades, Credit Suisse Group AG dominated the business of arranging Swiss franc bond sales. Its sudden collapse presents an opportunity for the likes of Deutsche Bank AG and BNP Paribas SA in a market that saw $59 billion in deals last year.
The global currency market is vulnerable to a liquidity crunch later this year as financial conditions tighten and economic growth slows, Bank of America Corp. warned.
Bank of Japan Governor Haruhiko Kuroda changed the course of global markets when he unleashed a $3.4 trillion firehose of Japanese cash on the investment world. Now Kazuo Ueda is likely to dismantle his legacy, setting the stage for a flow reversal that risks sending shockwaves through the global economy.
The easy-cash era is over and markets are feeling the pinch from the sharpest jump in interest rate in decades.
The derivatives industry body, the International Association of Swaps and Derivatives Association (ISDA), has backed Credit Default Swaps amid concerns about the role they have played in the recent bout of global banking turmoil.
The Federal Deposit Insurance Corp., facing almost $23 billion in costs from recent bank failures, is considering steering a larger-than-usual portion of that burden to the nation’s biggest banks, according to people with knowledge of the matter.
U.S. Federal Reserve Chair Jerome Powell told Republican lawmakers that Congress should re-evaluate limits on the size of federally insured bank deposits, U.S. Representative Kevin Hern said on Wednesday.
Though the Fed and FDIC have stopped contagion from SVB for now, smaller banks could face pressure for years to come.
Blackrock Global Co-Head of Fixed Income ETFs Steve Laipply joins Yahoo Finance Live to discuss the bond market, investor sentiment, interest rate volatility, Fed policy, and the impact of stress in the global banking sector.
Global stocks are on course for a 4.9% quarterly gain. Japan's Nikkei, which is heading for a 6% quarterly gain, slipped 0.8% on Thursday. U.S. and European stock futures were broadly steady.
TOP SILVER MINERS Q4 2022 REPORT: Costs Hit Record Highs & Are We Getting Ready For A Silver Breakout??March 30, 2023
Just like the gold miners, the primary silver miners' costs reached a record high in Q4 2022. Even the largest silver producer in the world, Fresnillo PLC, recorded the highest costs ever. Also, is the silver price still heading for a BREAKOUT...
The most-actively traded gold futures contract has jumped 7.4% to $1,973.50 this month, reaching an intraday high of $2,014.90 last week and on pace for the largest monthly percentage increase since May 2021. Prices hadn’t topped $2,000 since Russia’s invasion of Ukraine last spring.
Gold to Retest Record Highs of 2020 and 2022 on a Break Past $2,000/10: Credit SuisseMar 29, 2023 - 12:56:45 PDT
Gold remains below its $2,070/2075 record highs and has started a short-term consolidation. A sustained move above $2,000/10 is needed to reinvigorat
Investing in Fear: Why the Fed Rate Hike Has Investors Turning to Gold and Silver for Security and ProfitMar 29, 2023 - 12:56:08 PDT
Few analysts and investors were surprised when the Federal Reserve raised interest rates by another 25 basis points. While the decision to hike rates comes as no surprise, it has already stirred up debate among financial experts. Some argue that the move is a necessary step to combat inflation, while others contend that continuing to raise rates after the recent banking crisis...
Shows the Federal Reserve's lending to banks surrounding the time period of the Silicone Valley and Signature Bank failures. On March 8th, the Fed was lending $4.4 billion to banks. The following week, that figure had grown by $140.6 billion and the Fed was lending $145 billion to banks. A week later, March 22nd, the Fed extended another $185.1 billion and was lending...
Mar 29, 2023 - 12:44:19 PDT
It’s no secret that globalist institutions are obsessed with Artificial Intelligence as some kind of technological prophecy. They treat it as if it is almost supernatural in its potential and often argue that every meaningful industrial and social innovation in the near future will owe its existence to AI. The World Economic Forum cites AI as the singular key to the rise of what they call the...
The collapse of Swiss banking giant Credit Suisse recently was a catastrophe long in the making. A quick perusal of the bank’s financial statements from recent years shows that we’re dealing with something analogous to a classic bank run.