{"id":14395,"date":"2022-08-06T08:58:14","date_gmt":"2022-08-06T06:58:14","guid":{"rendered":"https:\/\/mumblefx.com\/?p=14395"},"modified":"2022-08-06T08:58:14","modified_gmt":"2022-08-06T06:58:14","slug":"basispunkte-kadenz-tweet-tweet","status":"publish","type":"post","link":"https:\/\/mumblefx.co.uk\/wpclients\/wpclient003\/?p=14395","title":{"rendered":"Basispunkte Kadenz"},"content":{"rendered":"\n
\"\"
Reserve Bank of Australia – Sydney<\/figcaption><\/figure>\n\n\n\n
<\/div>\n\n\n\ntradingeconomics.com – UK Interest Rate<\/a>
\nbloomberg.com.com – Quarles on FED Taper before Hiking<\/a>
\nmarketscreener.com – Briefing<\/a>
\nrba.gov.au – Statement by Philip Lowe 2 August 2022<\/a>
\n\n\n\n
<\/div>\n\n\n\n

\nGuten Morgen Traders<\/strong>,
\n\"German\"\nvergangenen Dienstag, 02.August 2022; die Reserve Bank of Australia erh\u00f6ht den Leitzins wie erwartet um 50 Basispunkte auf 1.85%. Die Ver\u00f6ffentlichung am Donnerstag unter dem Titel Statement on Monetary Policy August 2022<\/a>, ist ein absolutes Must Read<\/i>.
Besser aufgearbeitetes Global Macro<\/i> ist schwer zu finden. Die Australier geben uns hier einen satten \u00dcberblick (71 Seiten!) zur aktuellen Lage der \u00d6konomien weltweit.
\nEinzige Kritik, die ECB wird explizit herausgestellt als die Zentralbank, welche ihr Asset Purchase Program<\/i> eingestellt hat (Ende Juli). Direkt anschlie\u00dfend wird die Bank of Japan herausgestellt, als diejenige Zentralbank, welche als einzige ihr Bond-Kaufprogram aufrecht erh\u00e4lt [Seite 10-11].
\n1) Einen besseren Kontrast erg\u00e4be die FED, welche ihr Programm zum Ankauf von Staatsanleihen bereits vor Monaten ersatzlos eingefroren hatte.
\n2) Gerade die ECB hat als einzige Zentralbank ein neues Programm zum Ankauf von (Staats-)Anleihen herausgebracht (Transmission Protection Instrument<\/i>)
\nDie RBoA sieht darin anscheinend kein echtes Quantitativ Easing<\/i>. Zumindest aber, setzt man auf Mathematik zur Herausarbeitung \u00f6konomisch-wirtschaftlicher Diagramme („The graphs in this publication were generated using Mathematica<\/i>„).\n

\nDie Bank of England erh\u00f6ht ihren Leitzins ebenfalls, die sechste Erh\u00f6hung in Folge und damit kumulative die gr\u00f6\u00dfte seit 1995.
\nMit dem 04.August 2022 ergeben weitere 50 Basispunkte nunmehr einen britischen Leitzinssatz von 1.75%.\n

\nAnzumerken bleibt noch die schweizer Nationalbank, welche f\u00fcr das erste Halbjahr 2022 einen Verlust \u00fcber 95.2 Milliarden sFr. ausweist.
\nDie SNB versucht durch Interventionen am Forex ihre W\u00e4hrung vor einer weiteren Aufwertung zu bewahren.\n

\n\nWeitere Details und Ausblick auf den Exchange wie immer f\u00fcr Premium<\/a>-Mitglieder.\n<\/span>\n

\nB\u00fcnyamin\n<\/p>\n

\nGoody Traders<\/strong>,
\n\"English\"\nlast Tuesday, August 02, 2022; the Reserve Bank of Australia raises its key interest rate by 50 basis points to 1.85% as expected. Thursday’s release, titled Statement on Monetary Policy August 2022<\/a>, is an absolute must read.
Better presented Global Macro is hard to find. The Australians give us a full overview (71 pages!) of the current state of the economy worldwide.
\nOnly criticism, the ECB is explicitly presented as the central bank that discontinued its asset purchase program (end of July). Immediately afterwards, the Bank of Japan is highlighted as the central bank that is the only one maintaining its bond purchase program [pages 10-11].
\n1) A better contrast would result from naming the FED, which had already frozen its program to purchase government bonds months ago without replacement.
\n2) The ECB was the only central bank to launch a new program for buying (government) bonds (Transmission Protection Instrument)
\nApparently the RBA doesn’t see this as big enough to allow for quantitative easing. At least, however, one relies on mathematics to develop economic diagrams („The graphs in this publication were generated using Mathematica“ [intro notes]).\n

\nThe Bank of England is also raising interest rates, the sixth straight hike and the largest cumulative since 1995.
\nAs of August 4th, 2022, a further 50 basis point increase now resulting in a 1.75% British interest rate.\n

\nIt should also be noted that the Swiss National Bank reported a loss of over 95.2 billion CHF for the first half of 2022.
\nThe SNB is trying to save its currency from further appreciation by intervening in the forex.\n

\n\nMore details and my outlook on the Foreign Exchange as always for Premium<\/a> Members.\n<\/span>\n

\nSincerely Yours, Ben\n<\/p>\n","protected":false},"excerpt":{"rendered":"

tradingeconomics.com – UK Interest Rate bloomberg.com.com – Quarles on FED Taper before Hiking marketscreener.com – Briefing rba.gov.au – Statement by Philip Lowe 2 August 2022 Guten Morgen Traders, vergangenen Dienstag, 02.August 2022; die Reserve Bank of Australia erh\u00f6ht den Leitzins wie erwartet um 50 Basispunkte auf 1.85%. Die Ver\u00f6ffentlichung am Donnerstag unter dem Titel Statement … Basispunkte Kadenz<\/span> weiterlesen<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[121,201,202],"class_list":["post-14395","post","type-post","status-publish","format-standard","hentry","category-leitzinsen","tag-boe","tag-rboa","tag-snb"],"_links":{"self":[{"href":"https:\/\/mumblefx.co.uk\/wpclients\/wpclient003\/index.php?rest_route=\/wp\/v2\/posts\/14395","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mumblefx.co.uk\/wpclients\/wpclient003\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mumblefx.co.uk\/wpclients\/wpclient003\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mumblefx.co.uk\/wpclients\/wpclient003\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mumblefx.co.uk\/wpclients\/wpclient003\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14395"}],"version-history":[{"count":0,"href":"https:\/\/mumblefx.co.uk\/wpclients\/wpclient003\/index.php?rest_route=\/wp\/v2\/posts\/14395\/revisions"}],"wp:attachment":[{"href":"https:\/\/mumblefx.co.uk\/wpclients\/wpclient003\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14395"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mumblefx.co.uk\/wpclients\/wpclient003\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14395"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mumblefx.co.uk\/wpclients\/wpclient003\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14395"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}