DOW JONES WKN: CG3AA2 ISIN: US2605661048 Forum: Indizes Thema: Hauptdiskussion

Freight rates rise as companies plan for costly US port strike https://www.ft.com/content/7fdd7d4a-794c-46f2-95c5-aa317a5163a4

Port strike threatens biggest supply-chain disruption since height of pandemic https://www.washingtonpost.com/business/2024/09/28/port-strike-longshoremen-union-shipping/

Hurricane Helene Damage to Cost Between $95 and $110 Billion https://t.co/8H8ud8n2ur

How Hurricane Helene could have widespread consequences for homeowners: Although it is too early to know the full extent of Helene’s damage, experts said the storm could have major consequences for homeowners, the private insurance industry and the federal flood insurance program. https://www.washingtonpost.com/climate-environment/2024/09/29/helene-homeowner-flood-insurance/

Basel III endgame: Gold gets Tier 1 status: Basel I, II and III were a response to the 2008 financial crisis. The regulations require banks to maintain proper leverage ratios and to meet certain minimal capital requirements. Under the old Basel I and II rules, gold was rated a Tier 3 asset. Under Basel III Tier 3 has been abolished. Under Basel III gold bullion is a Tier 1 asset. Also, and this is important, under Basel III a bank’s Tier 1 assets have to rise from the current 4% of total assets to 6%. https://aheadoftheherd.com/gold-repatriation-shifting-from-north-to-south-richard-mills/

Fed Governor Bowman explains dissent on rate vote, says she’s worried about inflation https://www.cnbc.com/2024/09/24/fed-governor-bowman-explains-dissent-on-rate-vote-says-shes-worried-about-inflation.html

Was die Abwicklung des Yen-Carry-Trades bedeuten könnte: Die tatsächlichen Auswirkungen auf die Märkte könnten eher vom Euro als vom Yen abhängen: Obwohl der japanische Yen-Carry-Trade die Schlagzeilen beherrscht, ist Europa (insbesondere Deutschland) der weitaus größere Inhaber von US-Vermögenswerten. Die Länder des Euroraums haben in den letzten 15 Jahren anhaltende Leistungsbilanzüberschüsse mit den USA erwirtschaftet. Wie Japan flossen die meisten dieser Überschüsse in US-Festverzinsliche Wertpapiere (insbesondere Kredite), einige davon auf ungesicherter Basis. Wenn der Euro beginnt, deutlich aufzuwerten, werden die Inhaber von US-Vermögenswerten gezwungen sein, entweder ihre Positionen abzusichern (mehr Euro zu kaufen und mehr Dollar zu verkaufen) oder ihre in US-Dollar denominierten Vermögenswerte zu verkaufen. https://www.wellington.com/en-us/institutional/insights/the-yen-carry-trade-unwind

Ripple effects https://www.hellenicshippingnews.com/experts-when-a-port-closes-down-it-is-not-an-immediate-impact-it-is-a-ripple-effect-until-things-normalize/

This indicator predicts an imminent recession https://www.marketscreener.com/quote/currency/EURO-US-DOLLAR-EUR-USD-4591/news/This-indicator-predicts-an-imminent-recession-47954919/

The Next Frontier https://thegoldenthread.gold.org/season-one/the-next-frontier

In the U.S., a Looming Port Strike Risks Disrupting Trade Ahead of the Holidays https://worldview.stratfor.com/article/us-looming-port-strike-risks-disrupting-trade-ahead-holidays

Estimated stress losses at CME, Eurex and LCH surge to record high: largest stress losses in excess of initial margin that would be caused by either a single or a double member default.. €8.1 billion Eurex Clearing’s peak hypothetical loss in double default scenario.. https://www.risk.net/risk-quantum/7959939/estimated-stress-losses-at-cme-eurex-and-lch-surge-to-record-high

Central banks must reckon with the costs of quantitative easing: Losses from asset purchases raise questions about the wisdom of the policy. In common with many other central banks, Sveriges Riksbank recently outlined the losses it is likely to suffer from its asset purchase programme at some Skr61 billion and has sought a recapitalisation. https://www.centralbanking.com/central-banks/monetary-policy/7962403/central-banks-must-reckon-with-the-costs-of-quantitative-easing

The next carry trade to blow up? another potential landmine: International corporate deposits. $260bn to $480bn are de facto carry trades, with dollar deposits exceeding dollar loans particularly starkly in China. https://www.ft.com/content/9f25b49d-1a15-4f5b-86ed-cd5d5d4bd1c9

Neue Rekorde ?

Ranking the World's Financial Centers: Established financial centers like London, New York, and Hong Kong have lost some of their competitiveness in the past decade, according to the Global Financial Centres Index. Chinese cities, particularly Shanghai and Shenzhen, have risen in the rankings and are now among the world's top 10 financial centers. More Asian cities, including Seoul, are investing in their financial sectors and aiming to become major players in global finance. https://oilprice.com/Finance/the-Economy/Ranking-the-Worlds-Financial-Centers.html