8th August 2024

  • JPMorgan Says Three Quarters of Global Carry Trades Now Unwound

Returns have fallen around 10% since May, Says JPMorgan

Re-iterates clock is ticking for the G10 carry trade: JPM

https://blinks.bloomberg.com/news/stories/SHVFSRT1UM0W

  • JPMorgan Boosts US Recession Chance to 35% by End of This Year

Bank follows Goldman Sachs in raising risk of a downturn

US news suggests ‘early signs of labor shedding,’ bank says

https://blinks.bloomberg.com/news/stories/SHV7LRDWX2PS

  • European Gas Soars to 2024 High on Concern Over Ukraine Pipeline

Russian military blog says Sudzha transit point seized

Intake point sends Russian pipeline gas to Europe via Ukraine

https://blinks.bloomberg.com/news/stories/SHUWTGT1UM0W

  • BOJ Didn’t See July Hike as Policy Tightening, Summary Shows (2)

Neutral interest rate should be at least 1%, one member says

A member dissented saying data not showing sustainable growth

https://blinks.bloomberg.com/news/stories/SHVN84T0AFB4

CLICK HERE TO READ THE FULL ARTICLE

For more information please contact Rubrics Asset Management. info@rubricsam.com.