World will face two billion liquidity drought by 2025 – Monetary Policy

“A massive withdrawal of liquidity by central banks is underway. This could cause renewed volatility in the public debt market”. The alert is made by Brian Coulton, executive director of Fitch Ratings, in an analysis in which the financial rating agency anticipates that two billion dollars will be withdrawn, globally, in the next two years. … Read more

1.27 million protesters across France oppose pension reform | Reuters

Large-scale protests took place across France against the government’s proposed pension reform. REUTERS/Gonzalo Fuentes [パリ 31日 ロイター] – Large-scale protests were held across France on the 31st against the government’s plan to reform the pension system. A total of 1,272,000 people took part in the protests across the country, according to the Interior Ministry. A … Read more

Focus: Renault makes concessions to Nissan, France’s merits are invisible | Reuters

PARIS (Reuters) – Nissan Motor Co. and French automaker Renault announced a new agreement on Wednesday, including a review of their investment ratios, positioning it as a big step to revitalize the Japan-France alliance that has spanned more than 20 years. However, the benefits of the new agreement for Renault are unclear at this point … Read more

Column: Abolition of YCC, which is highly difficult, BOJ needs to be prepared for paradigm change = Hideo Kumano | Reuters

Hideo Kumano Chief Economist, Dai-ichi Life Research Institute [Tokyo 26th]- Soon the name of the new governor of the Bank of Japan will be revealed. The normalization of monetary policy that person must undertake is likely to be an extremely bumpy road. Perhaps his five-year term will not be enough, and it may take more … Read more

Column: After ‘buying the yen for speculation’, is it a comeback to ‘selling the yen for actual demand’ = Mr. Daisuke Karakama | Reuters

Daisuke Karakama Mizuho Bank Chief Market Economist [Tokyo, 24th]- Looking at the yen position in the IMM currency futures trading, which is often the focus of speculative movements in the foreign exchange market, as of January 17, 2023, it is a net sell of $ 2.24 billion. there is This is the smallest net short … Read more

Interest rate hikes in the Eurozone begin to take effect – Markets

The escalation of inflation led the European Central Bank (ECB) to change the strategy of more than a decade – interest at historic lows and mega debt purchase programs –, reducing the amount of liquidity circulating in the economy and increasing the cost of money. The plan is starting to pay off, according to Jack … Read more

Goldman Sachs clarifies its forecasts for inflation and interest rates in the eurozone

Goldman Sachs In a note published early Thursday, the economists of the famous US investment bank Goldman Sachs canceled their previous predictions about the possibility of a recession in the eurozone economy, as Goldman Sachs now expects the region to avoid a recession this year. Goldman Sachs’ predictions came today, after the bank expected a … Read more

Outlook for 2023: The structure of the rising dollar, rising risk of yen appreciation = Osamu Takashima | Reuters

Osamu Takashima Citigroup Securities Chief FX Strategist TOKYO (2nd) – The dollar/yen, which approached 152 yen in October 2022, fell sharply in November following the release of the US Consumer Price Index (CPI), which suggests that inflation has eased. Expectations that the U.S. Federal Reserve (Fed) will ease its pace of monetary tightening have risen … Read more

Angle: Electric power support to Ukraine in winter, Eastern European countries holding the key | Reuters

Vilnius/Warsaw (Reuters) – A giant transformer built in Ukraine in the 1980s and now disused is being dusted and ready to leave here in Lithuania. He will probably head to Romania in the next few weeks and from there return home to Ukraine. On December 21st, a giant transformer, built in Ukraine in 1980 and … Read more

Lagarde says interest rates will rise significantly. Inflation remains too high – Markets

Interest rates in the Euro Zone are far from stopping worsening. The president of the European Central Bank (ECB), Christine Lagarde, said that interest rates will still increase “significantly” to stop the rise in prices, in statements at the press conference that followed the Governing Council. “We anticipate going up [as taxas de juro] significantly … Read more