22nd November 2024

  • US Funding Costs Surge in Anticipation of Year-End Pressures (1)

Overnight repo rates for the Dec. 31 to Jan. 2 period soared

Dealers already struggling with balance-sheet congestion

https://blinks.bloomberg.com/news/stories/SNBHZXDWLU68

  • Currency Traders Bet on Market Volatility Returning With Trump

Hedge funds buy up options that pay out if FX swings increase

Traders expect policy divergence between US and Europe

https://blinks.bloomberg.com/news/stories/SMU6BADWX2PS

  • US Initial Jobless Claims Decline to Lowest Level Since April

Applications for benefits fell 6,000 last week to 213,000

Continuing claims rose, reflecting fallout from Boeing strike

https://blinks.bloomberg.com/news/stories/SNAZ8VT1UM0W

  • Trump Picks Pam Bondi for Attorney General After Gaetz Exit (1)

Former Florida attorney general defended Trump in impeachment

Bondi is fierce backer of Trump, now works at a lobbying firm

https://blinks.bloomberg.com/news/stories/SNBSRCDWRGG0

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