by New Momentum | Nov 16, 2023 | News
Chinese Housing market hits its eight-year lowest point 📌 In October, China home prices saw their worst drop in in eight years, indicating that the country’s real estate crisis is becoming worse despite the government’s increased efforts to boost demand.... 
by New Momentum | Nov 8, 2023 | News
New AT1 Bond issue from UBS since Credit Suisse collapse 📌 The much-anticipated AT1 bonds will be sold by UBS and it will be the first time since CS’ write-down of about USD 17 billion debt. According to a person informed about the deal, there should be two tranches... 
by New Momentum | Nov 2, 2023 | News
Is the Fed done with hikes? 📌 On Wednesday, Fed Chair Jerome Powell hinted that the central bank might be done with its ultra-aggressive tightening policy as it kept rates stable in the range of 5.25%-5.50% for two meetings in a row. He also stated that slowing down... 
by New Momentum | Oct 27, 2023 | News
Update on ECB monetary policy 📍 As expected, on Thursday, the ECB left interest rates on hold for the first time since June 2022 regardless of its view about a long-lasting high inflation environment. According to Lagarde, further hikes were not discussed during the... 
by New Momentum | Oct 20, 2023 | News
Lower economic growth IS needed to reduce inflation – Despite recent signs of decreasing inflation, Federal Reserve Chairman Jerome Powell stated on Thursday that the central bank will remain «resolute» in its commitment to its 2% target. Powell avoided... 
by New Momentum | Oct 5, 2023 | News
Soft landing at risk with high long-term interest rates 📍 The Federal Reserve may be jeopardizing the economy’s hoped-for soft landing by tolerating a rise in long-term interest rates to levels not seen since 2007. The jump raises the risk of a financial...
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