Hints and tips:
...Despite a spate of aggressive M&A swelling its assets to $1.4tn, its share price has sagged over the past decade, giving it a current market cap of $13.6bn....
...Such assets could be subject to credit, market, interest rate, or foreign currency risks. Looks like S&P Ratings doesn’t find “attestations” especially convincing, either....
...Reserves for PayPal USD are fully backed by U.S. dollar deposits, U.S. Treasuries and similar cash equivalents, and PayPal USD can be bought or sold through PayPal at a rate of $1.00 per PayPal USD....
...Voyager’s exposure to 3AC consists of 15,250 BTC and $350 million USDC....
...SELL: Crest Nicholson (CRST) The FTSE 350 housebuilder looked to its competition for a new boss. It should look to them for strategy too, writes Mitchell Labiak....
...His plans to radically cut public spending and dollarise the country’s ailing economy have shaken the country’s fixed income and currency markets....
...Specifically, between 1:23 pm ET and 4:00 pm ET, Hedge Fund A synthetically sold short 93,096 MEDP shares for approximately $5.2 million....
...One with an office job that brings them home at 6pm could save £350....
...Email me: chris.giles@ft.com The interest rate landscape Central bankers have given many interviews and speeches in the past week, and one unifying feature is that officials hate U-turns....
...The highest forecast on December 13 was 2.7 per cent....
...BlackRock, the world’s biggest asset manager, reported profits up 13 per cent to $1.6bn....
...Here’s why S&P is making the U-turn....
...Loan growth was about 20 per cent on a foreign currency-adjusted 13-week annualised basis in the last week of September, according to central bank data....
...We see the USD/CNY cross at 7.30, 7.20, 7.00 in 3-, 6- and 12-months, respectively....
...But 13 years in office appear to have taken their toll on the Conservatives....
...Maxine Waters, chair of the US House committee on financial services, on Friday announced Bankman-Fried’s participation in the first hearing on the topic scheduled for December 13....
...But in October 2021, Tesla became the sixth company in U.S. history to be worth more than $1 trillion....
...Credit Quisse (39 points) 13 (tied). Quizzee Kwarteng and the Magic Money Trees (38 points) 13 (tied). Significant Tail Risk (38 points) 15 (tied). Peak Bad (37 points) 15 (tied)....
...nov 11, 00:21 SBF: Hey sorry looking it over! nov 11 , 00:33 Ryne Miller: We need this one....
...Sunak’s fiscal policy U-turns have stabilised the gilt market, but also seen the return of a more typical correlation, where lower bond yields relative to those in other economies tends to weaken the currency...
...And it went to the effort of posting on its website an article running to 13,800 words talking about what a genius Sam is, how he has the status of legend....
...Holding was issued at23.00 UK time on 12 May....
...The pound added 1.9 per cent against the US currency to $1.13, as it emerged that British prime minister Liz Truss was in discussions about a U-turn on the government’s “mini” Budget....
...The dollar is traditionally a safe haven currency, whereas the euro tends to move more pro-cyclically — weakening as the economic outlook darkens....
...Smart reads Collateral damage Hong Kong had been raring to become Asia’s premier hub for digital currencies....
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