Month: February 2024

7-Eleven Is Testing A Bigger Store

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🇯🇵 🇯🇵 7-Eleven has unveiled a new store in Chiba prefecture, a suburb of Tokyo, that will have more than twice the number of products and is almost double the size of regular 7-Elevens
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Traders Betting On Stickier Inflation

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🇺🇸 🇺🇸 Traders are betting on substantially stickier inflation in the US for the next few years. Breakeven rates on 2-year notes are current at 2.75%, the highest level in almost a year
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Bonds Are Safe? Think Again

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🚨 🚨 Bonds are “safe”? Think again, they have also had large, extended drawdowns, UBS Yearbook shows
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USDJPY Falls Below ¥150

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🇯🇵 🇯🇵 USD/JPY falls below 150.00 for the first time in a week on BOJs spring wage talks remarks
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Amundi Turns Bearish On CHF

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🇨🇭 🇨🇭 Europe’s biggest asset manager is joining a chorus of investors who are turning bearish on Switzerland’s franc after slowing inflation has eliminated the need for the central bank to prop up the currency
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Fed: Data To Guide Pace Of Rate Cuts

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🇺🇸 🇺🇸 Fed Officials Emphasize Data to Guide Pace of Interest-Rate Cuts. New York Fed’s Williams says cuts won’t be ‘calendar based’
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Bitcoin: Asian Buyers Emerge Below $60,000

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🚨 🚨 Bitcoin gets its legs again as Asian bids emerge at below $60,000
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BOJ Talks Up The Yen

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🇯🇵 🇯🇵 BOJ’s Takata: Momentum is rising in spring wage talks. Yen jumps
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Australia House Prices To Rise

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🇦🇺 🇦🇺 No sign of a slowdown: Australia house prices expected to rise 5.0% this year and next
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