The risk premia over the longer horizon are moving faster. This chart created in St. Louis Fed's dashboard shows the spread between 1-month and 3-month Libor to the highest level since May 2009. At the peak of the crisis…
The risk premia over the longer horizon are moving faster. This chart created in St. Louis Fed's dashboard shows the spread between 1-month and 3-month Libor to the highest level since May 2009. At the peak of the crisis, the spread was slightly above a percent. Currently, it is around 0.35 percent but if it continues to move towards 50 basis points mark, it would be very stressful in the financial markets.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…