BOJ loses Kuroda’s authority, easy opponent for bond vigilantes – Bloomberg

Whoever has been nominated as the next governor of the Bank of Japan is less of a market authority than incumbent Haruhiko Kuroda. That could make some investors more aggressive to push yields higher after the governor’s change, said John Bale, chief global market strategist at Nikko Asset Management. “None of them is probably as […]

PP: We will not support a government with the BSP mandate

The short life of the new Bulgarian parliament clearly showed that the winner of the third term BSP can form a government with the other political partieswith whom they jointly elected the Speaker of the National Assembly and worked in sync on key legislative initiatives. This is stated in an official position to the media […]

Legislation and regulations still too complex, says steering committee

ANP NOS News•yesterday, 21:39 Two years after one report of the House of Representatives regarding implementation problems in the government, the laws and regulations that public service providers such as the Tax and Customs Administration, the Social Insurance Bank and the UWV have to implement are still too complex. As a result, people who depend […]

The New York Stock Exchange closes the day with a loss of 1.81%

Wall Street closed this Wednesday in red and the Dow Jones Industrials, its main indicator, lost 1.81% as fear of recession once again prevailed in the market. At the close of operations on the New York Stock Exchange, the Dow Jones cut 613.89 points, up to 33,296.96 units, while the selective S&P 500 fell 1.56% […]

Negotiating a government with lead…

With 94 votes in favor and 4 against, the BSP national council has decided to negotiate with all parties. The next steps are to decide what the government’s tasks are, how long its life will be, whether it will be political, expert or mixed, what will be the decision-making format, “24 Chasa” writes. According to […]

What does the World Economic Forum actually do? | Abroad

17 jan 2023 om 20:07Update: een uur geleden From Prime Minister Mark Rutte and German Chancellor Olaf Scholz to mega stars such as actor Idris Elba. Many big names are in Davos, Switzerland this week for the annual World Economic Forum (WEF). What exactly is the WEF and how did it grow into such a […]

Underweight U.S. Stocks Largest Since 2005, BofA Survey – Bloomberg

Investors are their biggest underweight to U.S. stocks since 2005, according to a Bank of America (BofA) survey of fund managers. Investors are looking for cheaper regional stocks as market sentiment improves, he said. Respondents in the January survey were “significantly less bearish” than they were in the fourth quarter of last year, with a […]

Yen Traders Prepare for Biggest Volatility Since Global Financial Crisis – Bloomberg

The Bank of Japan’s policy decision on the 18th is becoming the first risk event since the global financial crisis for the dollar/yen exchange rate. Traders are betting on a 2% or more move in either direction. The dollar/yen overnight implied volatility (IV) reached its highest level since November 2008. Traders are building positions in […]