dollar demand…
Archives of “July 11, 2020” day
rssDollar demand since 2008 has mainly come from the issuance of debt securities, not bank lending.
International role of the US dollar
Fitch affirms Italy at BBB- with a stable outlook
Fitch ratings on Italy
How could a country borrowing at only 1.226% for 10 years be rated BBB-?
A great move from Fitch would be if they upgraded them to AA on the implicit guarantee from Germany.
CFTC Commitments of Traders: Euro longs grow, CAD shorts trimmed
Weekly FX speculative positioning data from the CFTC:
- EUR long 104K vs 98K long last week
- GBP short 16K vs 21K short last week
- JPY long 17K vs 24K long last week
- CHF long 4K vs 4K long last week
- AUD short 1k vs 3K short last week
- NZD short 0K vs 0K short last week
- CAD short 17k vs 21K short last week
The timing on trimming the CAD shorts was sub-optimal with the pair lagging this week.
Facebook considers political ad blackout ahead of election
Bloomberg report
Oh no, that would be awful…
The blackout would only be in the ‘days leading up to the US election’. Couldn’t we make it permanent? And block all political posts in general on Facebook?
Thought For A Day
