{"id":14534,"date":"2022-09-25T22:45:36","date_gmt":"2022-09-25T20:45:36","guid":{"rendered":"https:\/\/mumblefx.com\/?p=14534"},"modified":"2022-09-25T22:45:36","modified_gmt":"2022-09-25T20:45:36","slug":"leitzinsen-trommelfeuer","status":"publish","type":"post","link":"https:\/\/mumblefx.co.uk\/wpclients\/wpclient003\/?p=14534","title":{"rendered":"Leitzinsen Trommelfeuer"},"content":{"rendered":"\ntradingeconomics.com – Country List Interest Rates<\/a>
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FED Interest Rates(blue), US10y(orange), USDEUR(mint), US-Inflation(yellow)<\/figcaption><\/figure>\n\n\n\n

\nGuten Abend Traders<\/strong>,
\n\"German\"\n\nSveriges Riksbank,\t\t\t20-September 2022, \t+100bp\t(0.75% -> 1.75%)
\nFed,\t\t\t \t\t\t21-September 2022,\t+75bp\t(2.50% -> 3.25%)
\nUnited Arab Emirates,\t\t21-September 2022,\t+75bp\t(3.75% -> 4.50%)
\nCentral Bank of Brazil, \t21-September 2022, \t+0bp\t(13.75% -> 13.75%)
\nSaudi Central Bank,\t\t\t21-September 2022,\t+75bp\t(3.00% -> 3.75%)
\nBank of Japan,\t\t\t\t22-September 2022,\t+0bp\t(-0.1% -> -0.1%)
\nBank Indonesia,\t\t\t\t22-September 2022, \t+50bp\t(3.75% -> 4.25%)
\nSwiss National Bank,\t\t22-September 2022,\t+75bp\t(-0.25% -> 0.5%)
\nNorges Bank,\t\t\t\t22-September 2022,\t+50bp\t(1.75% -> 2.25%)
\nCentral Bank of Turkey,\t\t22-September 2022,\t-100bp\t(13.0% -> 12.0%)
\nBank of England,\t\t\t22-September 2022,\t+50bp \t(1.75% -> 2.25%)
\nSouth African Reserve Bank,\t22-September 2022,\t+75bp \t(5.50% -> 6.25%)
\nHong Kong Monetary Authority, 22-September 2022,\t+75bp \t(2.75% -> 3.50%)
\n<\/span>

\nWillkommen im Nachleben, die Woche des Todes liegt nun hinter uns. Die vermeintlich gute Nachricht: es wird schlimmer, bevor es besser werden kann!
\nGerade das britischen Pfund vs. US-Dollar wurde bereits regelrecht abgeschlachtet, -5.00% auf die Woche, volle -3.66% am letzten Handelstag.
\nFr. 23-September 2022: GBPUSD Low-of-Week\/Day @1.0839 (Allzeit-Tief)
\nDas Empire spielt Blinde-Kuh mit den M\u00e4rkten, zwei hin vier im Sinn, und k\u00fcrzt hier und da ein paar Steuern. Daneben kommen die Auswirkungen des Brexits vollends zum Tragen, neben Supply-Chain und Energiekrise. Der neue K\u00f6nig noch etwas verdattert und die frisch gebackene Premierministerin, Mrs. Mary Elizabeth Truss, naja forsch. Das \u201aHouse of Common\u2018 ist die letzte Bastion des Empire, die herausragenste Institution die die r\u00f6misch-griechische Hochkultur hervorgebracht hat. Die Redner-und Debatierkunst bietet h\u00f6chstes Niveau, die Parlamentarier allesamt Teil des Ganzen.
\nWas spricht f\u00fcr den Pfund?
\n1) Das K\u00f6nigreich hat eine Zentralbank, deren Geschichte bis in das Jahr 1694 zur\u00fcckreicht. Es ist dies eine der 10 \u00e4ltesten Banken \u00fcberhaupt. Die ausgewiesene Bilanz (das Balance-Sheet), zeigt sicher nicht die Gesamtheit aller Verflechtungen, die mit dem britischen Pfund zusammenh\u00e4ngen m\u00f6gen.
\n2) Valuta k\u00f6nnen tats\u00e4chlich unterbewertet sein, so auch ganz speziell W\u00e4hrungen. Was nicht bedeuten muss, dass der zugrunde liegende Eigenwert verloren gegangen ist. \nDagegen wiederum, musste bedingt durch den Brexit, das Pfund in der Hochfinanz seine prestigetr\u00e4chtige Londoner Sonderstellung gegen\u00fcber Frankfurt am Main einb\u00fc\u00dfen. \n

\nKlare Flucht- bzw. Safe-Heaven-W\u00e4hrungen sind nunmehr Schweizer Franken, Norwegische Krone, der US-Dollar und weniger ein Seemanns Pfund. Schreibe den britischen Pfund nicht all zu fr\u00fch ab! Robustere Zentralbanken gibt es wenige, Geld wird auch weiterhin nach London und von dort hinaus in die Welt flie\u00dfen. Die Wirtschaft, die B\u00f6rsen waren gerade auf Allzeithochs, haben Pandemie und Krisen auf dem Buckel; nun verlangen wir mal nicht zu schnell zu viel von einem Markt, welcher Realit\u00e4t von Wunschdenken unterscheiden kann. \n

\nThomas Jordan, trat vor laufende Kameras und lieferte eine sagenhafte Pressekonferenz. Menschlich und fachlich v\u00f6llig \u00fcberzeugend, setzte er alle Kritiker in den Zentralbank-sFr.-Kernschatten. Auch das pragmatische Podium \u00fcberzeugte in seiner zweckm\u00e4\u00dfigen Schlichtheit.
\n\u00dcbersch\u00fcsse der letzten Gesch\u00e4ftsjahre k\u00f6nnten durchaus zur Durchsetzung geldmarktpolitischer Ziele herangezogen werden, so die SNB sinngem\u00e4\u00df.
\nEinziger Versprecher; diese Leitzinserh\u00f6hung (+75bp) in den positiven Bereich w\u00fcrde wohl gen\u00fcgen, um die Inflation im gew\u00fcnschten Bereich zu halten. Diese Aussagemodalit\u00e4t wurde im Verlauf der PK nach und nach aufgeweicht, wie dann die Fragesteller wie selbstverst\u00e4ndlich wissen wollten, ob die SNB \u00e4hnlich schnell und stark ihren Leitzinssatz anheben werde wie das hiesige Umfeld. Thomas konnte seine Eingangsformulierung nicht verteidigen und triftete etwas in Richtung „ausreichender Ma\u00dfnahmenkatalog“ ab. Man wolle ordungspolitische Grundprinzipien st\u00e4rken und werde dazu regelm\u00e4\u00dfige Geldmarkt-Lageberichte in Form von Pressekonferenzen abhalten.
\nWir sind sehr, sehr dankbar hierf\u00fcr Herr Jordan, weiter so, wir sind sehr gespannt auf den n\u00e4chsten (zweitunten) Auftritt!\n

\n\nWeitere Details und Ausblick auf den Exchange wie immer f\u00fcr Premium<\/a>-Mitglieder.\n<\/span>\nB\u00fcnyamin\n<\/p>\n

\nGoody Traders<\/strong>,
\n\"English\"\n\nSveriges Riksbank,\t\t\t20-September 2022, \t+100bp\t(0.75% -> 1.75%)
\nFed,\t\t\t \t\t\t21-September 2022,\t+75bp\t(2.50% -> 3.25%)
\nUnited Arab Emirates,\t\t21-September 2022,\t+75bp\t(3.75% -> 4.50%)
\nCentral Bank of Brazil, \t21-September 2022, \t+0bp\t(13.75% -> 13.75%)
\nSaudi Central Bank,\t\t\t21-September 2022,\t+75bp\t(3.00% -> 3.75%)
\nBank of Japan,\t\t\t\t22-September 2022,\t+0bp\t(-0.1% -> -0.1%)
\nBank Indonesia,\t\t\t\t22-September 2022, \t+50bp\t(3.75% -> 4.25%)
\nSwiss National Bank,\t\t22-September 2022,\t+75bp\t(-0.25% -> 0.5%)
\nNorges Bank,\t\t\t\t22-September 2022,\t+50bp\t(1.75% -> 2.25%)
\nCentral Bank of Turkey,\t\t22-September 2022,\t-100bp\t(13.0% -> 12.0%)
\nBank of England,\t\t\t22-September 2022,\t+50bp \t(1.75% -> 2.25%)
\nSouth African Reserve Bank,\t22-September 2022,\t+75bp \t(5.50% -> 6.25%)
\nHong Kong Monetary Authority, 22-September 2022,\t+75bp \t(2.75% -> 3.50%)
\n<\/span>

\nWelcome to the afterlife, the week of death is now behind us. The supposedly good news: it gets worse before it can get better!
\nThe British Pound in particular has already been slaughtered, -5.00% on the week, a full -3.66% in the last trading day.
\nFri 23-September 2022: GBPUSD Low-of-Week\/Day @1.0839 (all-time low)
\nThe Empire is playing blind man’s bluff with the markets, two versus four in mind, cutting a few taxes here and there. In addition, the effects of Brexit are fully felt, along with the supply chain and energy crisis. The new king is still a little taken aback and the newly minted Prime Minister, Mrs. Mary Elizabeth Truss, well brisk. The ‚House of Common‘ is the last bastion of the Empire, the most outstanding institution that the Roman-Greek high culture has produced. The art of speaking and debating offers the highest level, the parliamentarians are all part of the whole.
\nWhat about the pound?
\n1) The kingdom has a central bank whose history dates back to 1694. It is one of the 10 oldest banks ever. The reported balance sheet certainly does not show the entirety of all interrelationships that may be related to the British pound.
\n2) Assets can actually be undervalued, especially currencies. Which does not necessarily mean that the underlying intrinsic value has been lost.\nOn the other hand, due to Brexit, the pound had to lose its prestigious special position in London compared to Frankfurt am Main in high finance.\n

\nClear escape or safe heaven currencies are now Swiss francs, Norwegian krone, the US dollar and less a sailor’s pound. Don’t write off the British pound too soon! There are few more robust central banks, money will continue to flow to London and from there to the world. The economy, the stock markets were at all-time highs, have pandemics and crises under their belts; Now let’s not be too quick to ask too much of a market that can distinguish reality from wishful thinking.\n

\nThomas Jordan, stepped in front of the cameras and performed an incredible press conference. Completely convincing on a personal and professional level, he placed all critics under the umbra of his central bank. The practical simplicity of the pragmatic podium was also convincing.
\nPoor choise of words when Jordan initially states, that this rate hike (+75bp) into positive territory would probably be enough to keep inflation in the desired range. This statement modality was gradually softened in the course of the press conference, as the questioners then stoically wanted to know whether the SNB would raise its key interest rate as quickly and as strongly as the environment. Thomas was unable to defend his initial formulation and deviated somewhat in the direction of „sufficient catalog of measures“. The SNB intends to strengthen basic regulatory principles and will hold regular money market status reports in the form of press conferences.
\nWe are very, very grateful Mr. Jordan, keep it up, we are excited about the next (second below) performance!\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 – Country List Interest Rates Guten Abend Traders, Sveriges Riksbank, 20-September 2022, +100bp (0.75% -> 1.75%) Fed, 21-September 2022, +75bp (2.50% -> 3.25%) United Arab Emirates, 21-September 2022, +75bp (3.75% -> 4.50%) Central Bank of Brazil, 21-September 2022, +0bp (13.75% -> 13.75%) Saudi Central Bank, 21-September 2022, +75bp (3.00% -> 3.75%) Bank of Japan, … Leitzinsen Trommelfeuer<\/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":[208,18,19],"tags":[24,124,278,197],"class_list":["post-14534","post","type-post","status-publish","format-standard","hentry","category-financial-world-wide","category-flash","category-leitzinsen","tag-fed","tag-gbpusd","tag-jordan","tag-powell"],"_links":{"self":[{"href":"https:\/\/mumblefx.co.uk\/wpclients\/wpclient003\/index.php?rest_route=\/wp\/v2\/posts\/14534","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=14534"}],"version-history":[{"count":0,"href":"https:\/\/mumblefx.co.uk\/wpclients\/wpclient003\/index.php?rest_route=\/wp\/v2\/posts\/14534\/revisions"}],"wp:attachment":[{"href":"https:\/\/mumblefx.co.uk\/wpclients\/wpclient003\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14534"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mumblefx.co.uk\/wpclients\/wpclient003\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14534"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mumblefx.co.uk\/wpclients\/wpclient003\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14534"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}