{"id":15341,"date":"2023-06-26T00:56:49","date_gmt":"2023-06-25T22:56:49","guid":{"rendered":"https:\/\/mumblefx.co.uk\/wpclients\/wpclient003\/?p=15341"},"modified":"2023-06-26T01:35:58","modified_gmt":"2023-06-25T23:35:58","slug":"m-schlegel-zweitunteren-effekte","status":"publish","type":"post","link":"https:\/\/mumblefx.co.uk\/wpclients\/wpclient003\/?p=15341","title":{"rendered":"M. Schlegel – zweitunteren – Effekte"},"content":{"rendered":"\n
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M. Schlegel – zweitunteren – Effekte<\/h3>\n2023-06-26 00:58:07GMT+2<\/span><\/a>\n\n<\/div>\n<\/div>\n
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Guten Abend<\/h4>\n

\n\n\"German\"\n2023-06-07<\/strong>, Nachtrag: Die Bank of Canada (BoC) erh\u00f6ht au\u00dferordentlich ihren Leitzins um 25 Basispunkte auf 4.75%.
\n2023-06-21<\/strong>, Brazilien beh\u00e4lt den Leitzins bei 13.75% (Inflationsrate Anfang 2022 bei 12%, nach kontionuierlichem Fall heute bei 4%).
\n2023-06-22<\/strong>, SNB Vorsitz Jordan, Chef\u00f6konom Schlegel erh\u00f6hen den schweizerischen Leitzins auf 1.75%.
\n2023-06-22<\/strong>, Indonesien beh\u00e4lt seinen Leitzins bei 5.75 (seit f\u00fcnf Leitzinsentscheidungen in Folge unver\u00e4ndert).
\n2023-06-22<\/strong>, Norges Bank (Norwegen) hiked 50 Basispunkte auf 3.75% (erwartet waren 25 Basispunkte).
\n2023-06-22<\/strong>, TCMB (T\u00fcrkei) dreht am Zins-Rad; +650 Basispunkte auf 15%. Ende der Niedrigzins-Politik; dennoch kein Game-Changer f\u00fcr die M\u00e4rkte (erwartet waren 25-30%)
\n2023-06-22<\/strong>, Bailey, Vorsitzender der Bank of England, erh\u00f6ht den Leitzinssatz f\u00fcr britisches Pfund um 50 Basispunkte auf 5.0% (erwartet waren 25 Basispunkte auf 4.75%).
\n2023-06-22<\/strong>, die Bank of Mexico beh\u00e4lt ihren Leitzins bei 11.25%.
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\nMarkante Leitzinsentscheidungen, besonders hervorzuheben das Mediengespr\u00e4ch des SNB-Vorsitz rund um Thomas Jordan. Andr\u00e9a M. Maechler geht vom Eis, nachdem Schlegel sich f\u00fcr den Vize-Vorsitzenden empfehlen konnte. Seine Position an der ETH Z\u00fcrich (Konjunkturforschungsstelle KOF) ist die perfekte Spielwiese f\u00fcr Martin, um sein Genie auszuspielen. Ich glaube nicht, dass Frau Maechler dies als einen Gender-Affront auffassen sollte. Thomas Jordan ist weltgewand genug, um zu sehen, dass eine Frau den Algorithmus f\u00fcr die erste Mondlandung erarbeitet hat.\n

\nF\u00fcr leichtes Kapital wird die Luft zusehends d\u00fcnner, denn mit der norwegischen, britischen und amerikanischen Zentralbank mit Kurs auf Hochzins-Niveau, werden letzlich die Kredite f\u00fcr Endverbraucher teuerer.
\nDie t\u00fcrkische Zentralbank dreht den Hahn f\u00fcr relativ g\u00fcnstige Lira zu, was zu erwarten war, allerdings hatte man eine st\u00e4rkere Zinsanhebung in den B\u00fcchern. So sackte die Lira abermals ab (USDTRY -7.25% zum Wochenschluss). Da die B\u00f6rse in Istanbul nicht mehr signifikant negativ mit dem Fall der Landesw\u00e4hrung korreliert, muss nun schnell die richtige Einpreisung gefunden werden. Und sei der Swing-Point f\u00fcr die Lira bei 75%, solange der Binnenmarkt funktioniert und die B\u00f6rse Istanbul seinen sagenhaften Gewinn halten kann (100% seit 2022-06 mit 2.600 Punkten auf 5.600 in 2023-06), spricht auch die steile Yield-Kurve f\u00fcr eine robuste \u00d6konomie.\n

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

\nLG Ben\n<\/span>\n<\/span>\n<\/p>\n<\/div>\n<\/div><\/div>\n\n

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Goody Traders<\/h4>\n

\n\n\"English\"\n2023-06-07<\/strong>, Addendum: The Bank of Canada (BoC) extraordinarily increases its key interest rate by 25 basis points to 4.75%.
\n2023-06-21<\/strong>, Brazil keeps interest rate at 13.75% (inflation rate at 12% in early 2022, after continuous fall today at 4%).
\n2023-06-22<\/strong>, SNB Chairman Jordan, Chief Economist Schlegel raise the Swiss key interest rate to 1.75%.
\n2023-06-22<\/strong>, Indonesia keeps its policy rate at 5.75 (unchanged for five consecutive policy rate decisions).
\n2023-06-22<\/strong>, Norges Bank (Norway) hiked 50 basis points to 3.75% (25 basis points were expected).
\n2023-06-22<\/strong>, TCMB (T\u00fcrkiye) spins interest rate wheel; +650 base points to 15%. end of the low-interest policy; still not a game changer for the markets (expected 25-30%)
\n2023-06-22<\/strong>, Bailey, Chairman of the Bank of England, raises the key British pound interest rate by 50 basis points to 5.0% (forcasted were 25 basis points to 4.75%).
\n2023-06-22<\/strong>, the Bank of Mexico is keeping interest rates at 11.25%.
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\nStriking key interest rate decisions, particularly the media talk by the SNB chairmanship Thomas Jordan. Andr\u00e9a M. Maechler goes off the ice after Schlegel was able to recommend himself for Vice-Chairman. His position at the ETH Zurich (Konjunkturforschungsstelle KOF) is the perfect playground for Martin to show off his genius. I don’t think Ms. Maechler should take this as a genderised affront. Thomas Jordan is open minded and experianced enough to see that a woman calculated the algorithm for the first moon landing.\n

\nThe air is getting increasingly thin for easy capital, because with the Norwegian, British and American central banks heading for high-interest rates, loans for end consumers are ultimately becoming more expensive.
\nThe Turkish central bank is turning off the faucet for relatively cheap lira, which was to be expected, nevertheless market participants had a stronger rate hike on their books. The lira fell again (USDTRY -7.25% at the end of the week). Since the stock exchange in Istanbul (BIST) no longer correlates significantly negatively with the fall of the national currency, the right pricing must now be found quickly. And if the swing point for the lira is with IR 75%; as long as the domestic market works and the Istanbul Stock Exchange can maintain its fabulous profit (100% since 2022-06 with 2,600 points to 5,600 in 2023-06), the healthy yield Curve still describes for a robust economy.\n

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

\nSincerely Yours, Ben\n<\/span>\n<\/span>\n<\/p>\n<\/p>\n<\/div>\n<\/div><\/div>\n\n

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\n\"NOKJPY<\/a>
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\nExterne Quellen\/Links<\/b>\n<\/p>\n

\n \n \n \n <\/colgroup>\n\t\n\t\n\t\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t
URL-Link<\/th>\n\t\tBeschreibung<\/th>\n\t<\/tr>\n\t<\/thead>\n\t
Der Bund – Andr\u00e9a Maechler zieht nach dem Affront die Konsequenzen<\/td>\n\t<\/tr>\n\t\t
Trading Economics – Interest Rate List<\/td>\n\t<\/tr>\n\t\t
snb.ch – Mediengespr\u00e4ch der Schweizerischen Nationalbank vom 22. Juni 2023<\/td>\n\t<\/tr>\n\t\t
nau.ch – KOF erh\u00f6ht BIP-Prognose f\u00fcr 2023 ganz leicht<\/td>\n\t<\/tr>\n\t\t
Bank of Canada – Bank of Canada raises policy rate 25 basis points<\/td>\n\t<\/tr>\n\t\t
FED – Semiannual Monetary Policy Report to the Congress<\/td>\n\t<\/tr>\n\t\t
BoE – Monetary Policy Summary, June 2023<\/td>\n\t<\/tr>\n\t\t
CB of the Republic of T\u00fcrkiye – Press Release on Interest Rates<\/td>\n\t<\/tr>\n\t\t
Banko de Mexico – Monetary Policy Statement<\/td>\n\t<\/tr>\n\t\t
Norges Bank – Rate decision June 2023<\/td>\n\t<\/tr>\n\t\t
centralbanking.com – Higher or longer? That is the ECB\u2019s question<\/td>\n\t<\/tr>\n\t<\/tbody>\n<\/table>\n<\/div>\n<\/div><\/div>\n\n
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M. Schlegel – zweitunteren – Effekte 2023-06-26 00:58:07GMT+2 Guten Abend 2023-06-07, Nachtrag: Die Bank of Canada (BoC) erh\u00f6ht au\u00dferordentlich ihren Leitzins um 25 Basispunkte auf 4.75%. 2023-06-21, Brazilien beh\u00e4lt den Leitzins bei 13.75% (Inflationsrate Anfang 2022 bei 12%, nach kontionuierlichem Fall heute bei 4%). 2023-06-22, SNB Vorsitz Jordan, Chef\u00f6konom Schlegel erh\u00f6hen den schweizerischen Leitzins auf … M. Schlegel – zweitunteren – Effekte<\/span> weiterlesen<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"template-page-builder.php","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-15341","post","type-post","status-publish","format-standard","hentry","category-allgemein"],"_links":{"self":[{"href":"https:\/\/mumblefx.co.uk\/wpclients\/wpclient003\/index.php?rest_route=\/wp\/v2\/posts\/15341","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=15341"}],"version-history":[{"count":7,"href":"https:\/\/mumblefx.co.uk\/wpclients\/wpclient003\/index.php?rest_route=\/wp\/v2\/posts\/15341\/revisions"}],"predecessor-version":[{"id":15348,"href":"https:\/\/mumblefx.co.uk\/wpclients\/wpclient003\/index.php?rest_route=\/wp\/v2\/posts\/15341\/revisions\/15348"}],"wp:attachment":[{"href":"https:\/\/mumblefx.co.uk\/wpclients\/wpclient003\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15341"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mumblefx.co.uk\/wpclients\/wpclient003\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15341"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mumblefx.co.uk\/wpclients\/wpclient003\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15341"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}