Jimi Posted March 15 Report Share Posted March 15 Going to throw something out without having thought it through. The Chinese-negotiated rapprochement between Iran & Saudi Arabia signed in the past week surprised me. Maybe it's an empty note, maybe it's a watershed that diplomatically signals China's ascension/America's decline/Iran's Reemergence/Saudi's Swapping sponsors. On the back of that, headlines have it that the Saudi pocketbook that had backed Credit Suisse isn't going to provide such backing anymore. Are these development related? That is, are we going to see a shift in petrodollar clout - including Iran's - out of Western banks & assets in favor of an Asian future? I dunno. But the timing is exquisite. 1 1 Link to comment Share on other sites More sharing options...
DrStool Posted March 15 Author Report Share Posted March 15 Zooming into 15 minute basis, reverse head and shoulders working. If it clears 3875, would measure to 3910. Link to comment Share on other sites More sharing options...
potatohead Posted March 15 Report Share Posted March 15 16 minutes ago, DrStool said: T-bill buying panic today. how can the Fed raise rates when the market rates are dropping? Regardless of what the Fed wants...Like you always say, they are following the market not leading. Link to comment Share on other sites More sharing options...
DrStool Posted March 15 Author Report Share Posted March 15 There's just so much punditing going down now. I'm reluctant to add to the noise. Nobody knows nuthin. Link to comment Share on other sites More sharing options...
DrStool Posted March 15 Author Report Share Posted March 15 Hate to say it but the pattern is still bullish. Crazy. They need to stay below 3892 and break 3830 or the bullish potential will remain in place. Link to comment Share on other sites More sharing options...
fxfox Posted March 15 Report Share Posted March 15 If I would be a whale I would go after Commercial Real Estate and everything which has to do with it. Espacially in Europe. Link to comment Share on other sites More sharing options...
SiP Posted March 15 Report Share Posted March 15 - SNB to the rescue - lower yields -> bigtech UP Link to comment Share on other sites More sharing options...
SiP Posted March 15 Report Share Posted March 15 Link to comment Share on other sites More sharing options...
fxfox Posted March 15 Report Share Posted March 15 As if the SNB could have said „no, we do not provide sufficient liqui“… They gave CS already liqui 6 months ago via the swap line which was given from the FED to the SNB. Link to comment Share on other sites More sharing options...
fxfox Posted March 15 Report Share Posted March 15 Link to comment Share on other sites More sharing options...
SiP Posted March 16 Report Share Posted March 16 Credit Suisse secures $54 bln lifeline as authorities rush to avert global bank crisis 1 Link to comment Share on other sites More sharing options...
SiP Posted March 16 Report Share Posted March 16 Credit Suisse is taking decisive action to pre-emptively strengthen its liquidity by intending to exercise its option to borrow from the Swiss National Bank (SNB) up to CHF 50 billion under a Covered Loan Facility as well as a short-term liquidity facility, which are fully collateralized by high quality assets," Credit Suisse said in a statement. It pointed to its end-2022 Common Equity Tier 1 capital ratio of 14.1% and average liquidity coverage ratio (LCR) of 144%. The latter had improved to about 150% by March 14, it said. 1 Link to comment Share on other sites More sharing options...
Jimi Posted March 16 Report Share Posted March 16 8 minutes ago, SiP said: Credit Suisse secures $54 bln lifeline as authorities rush to avert global bank crisis Is that a lot? 1 Link to comment Share on other sites More sharing options...
Jimi Posted March 16 Report Share Posted March 16 3 minutes ago, SiP said: Credit Suisse is taking decisive action to pre-emptively strengthen its liquidity by intending to exercise its option to borrow from the Swiss National Bank (SNB) up to CHF 50 billion under a Covered Loan Facility as well as a short-term liquidity facility, which are fully collateralized by high quality assets," Credit Suisse said in a statement. It pointed to its end-2022 Common Equity Tier 1 capital ratio of 14.1% and average liquidity coverage ratio (LCR) of 144%. The latter had improved to about 150% by March 14, it said. “Our Tier-1 stuff is so… Swiss… that we are going to take $54 billion in loans just as a public flex to prove how liquidy & above average some ratios are… or something.” 2 Link to comment Share on other sites More sharing options...
SiP Posted March 16 Report Share Posted March 16 That would send gold, like 10.000? "JP MORGAN: FEDERAL RESERVE’S EMERGENCY LOAN PROGRAM MAY INJECT AS MUCH AS $2 TRILLION OF FUNDS INTO THE US BANKING SYSTEM AND EASE THE LIQUIDITY CRUNCH" 1 Link to comment Share on other sites More sharing options...
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