Podcasts about Lagarde

Christophe Bordet remplace Olivier de Lagarde ce vendredi 31 octobre 2025. Hébergé par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.

Christophe Bordet remplace Olivier de Lagarde ce vendredi 31 octobre 2025. Hébergé par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.

Today our Governing Council decided on monetary policy. Listen to President Christine Lagarde present today's decisions. The statement also covers: • how the economy is performing • how we expect prices to develop • the risks to the economic outlook • the dynamics behind financial and monetary conditions Published and recorded during our press conference on 30 October 2025. Our monetary policy statement at a glance, 30 October 2025 https://www.ecb.europa.eu/press/press_conference/visual-mps/2025/html/mopo_statement_explained_october.en.html Christine Lagarde, Luis de Guindos: Monetary policy statement, 30 October 2025 https://www.ecb.europa.eu/press/press_conference/monetary-policy-statement/2025/html/ecb.is251030~4f74dde15e.en.html Monetary policy decisions, 30 October 2025 https://www.ecb.europa.eu/press/pr/date/2025/html/ecb.mp251030~cf0540b5c0.en.html Combined monetary policy decisions and statement, 30 October 2025 https://www.ecb.europa.eu/press/press_conference/monetary-policy-statement/shared/pdf/ecb.ds251030~25d99d5b1c.en.pdf European Central Bank https://www.ecb.europa.eu/home/html/index.en.html

Nel terzo trimestre 2025 il Pil italiano, corretto per gli effetti di calendario, è rimasto invariato rispetto al trimestre precedente e in crescita dello 0,4% su base annua, secondo le stime preliminari dell'Istat. Dopo il -0,1% del secondo trimestre e il +0,3% del primo, la crescita zero non modifica la stima acquisita per l'anno, pari allo 0,5%, in linea con le previsioni del governo. L'aumento del valore aggiunto nell'agricoltura è stato compensato dal calo dell'industria e dalla stabilità dei servizi. Dal lato della domanda, contributo negativo della componente interna e positivo di quella estera netta. Affrontiamo il tema con Carlo Altomonte, Associate Dean e Direttore PNRR Lab, SDA Bocconi, e membro CD Fondazione M&MLa Bce lascia i tassi fermi al 2%, come da atteseLa Bce, riunita a Firenze, ha mantenuto invariati i tassi: 2% sui depositi, 2,15% sui rifinanziamenti principali e 2,40% sui prestiti marginali. L'inflazione resta vicina al target del 2% e le prospettive restano stabili, sebbene il contesto globale resti incerto per le tensioni geopolitiche e commerciali. Lagarde ha sottolineato che l'economia continua a mostrare resilienza grazie al mercato del lavoro e alla solidità dei bilanci privati. La crescita dello 0,2% nell'area euro nel terzo trimestre è risultata leggermente sopra le attese. La presidente ha inoltre annunciato l'avvio della nuova fase dell'euro digitale, che garantirà privacy, sicurezza e competitività nei pagamenti. Il commento è affidato a Donato Masciandaro, docente politiche monetarie Università BocconiBorse Ue restano in rosso dopo nulla di fatto Bce. A Wall Street giù Meta e MicrosoftI listini europei chiudono in calo dopo la decisione della Bce di lasciare i tassi invariati e in una settimana intensa per le trimestrali e le banche centrali globali. A Wall Street pesano le vendite su Meta (-11,8%) e Microsoft, penalizzate dalle previsioni di maggiori investimenti in IA, mentre Alphabet sale grazie ai ricavi pubblicitari. In Europa, la crescita del Pil del terzo trimestre è risultata leggermente superiore alle attese (+0,2% nell'eurozona, +0,3% nell'Ue), trainata da Francia e Spagna. A Piazza Affari bene Campari e Tenaris, male Prysmian e Stellantis (-10,1%), colpita dai dubbi sul futuro outlook e dalle incertezze legate alla crisi dei semiconduttori. Affrontiamo il tema con Martina Soligo, RadiocorVertice Usa-Cina, Trump: «Taglio ai dazi e accordo sulle terre rare»Donald Trump e Xi Jinping si sono incontrati a Busan raggiungendo un accordo per dimezzare i dazi statunitensi sui prodotti cinesi e rilanciare le esportazioni di soia americana, terre rare e controlli sul fentanyl. Trump ha inoltre annunciato la ripresa dei test sulle armi nucleari, sostenendo di voler mantenere il primato militare Usa. Pechino sospenderà per un anno i limiti all'export di alcune terre rare, sebbene restino in vigore restrizioni introdotte in aprile. L'intesa avrà ripercussioni dirette sull'Unione Europea, come sottolineato dal commissario Ue al Commercio Maros Sefcovic. Ne parliamo con Marco Masciaga, Il Sole 24 Ore, New Delhi

La posta è sempre alta: come scalare Bitcoin. Arkade delude parzialmente le aspettative e la ricerca continua.Inoltre: Christine Lagarde al mercato, il fork BIP-444 e tutte le sue assurdità, e il PlanP Forum di Lugano si conferma l'evento finance di riferimento.It's showtime!

Tous les jours dans la matinale d'Europe 1, Olivier de Lagarde scrute et analyse la presse du jour. Aujourd'hui, les Français ne veulent plus faire d'enfant et le business du chagrin. Hébergé par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.

Gonzalo Cañete, de ATFX, repasa la macro de la sesión, siguiendo de cerca las palabras de Lagarde, el recorte de tipos de la FED, el PIB francés y el oro.

Lagarde al mercato & i salari bassi - Fiano cacciato dai proPal: confrontiamoci negli atenei!

Tous les jours dans la matinale d'Europe 1, Olivier de Lagarde scrute et analyse la presse du jour. Aujourd'hui, les Français ne veulent plus faire d'enfant et le business du chagrin. Hébergé par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.

La apertura fue mixta en Bolsas americanas. Subidas en Dow con industriales y bancos. Caídas en S&P500 y Nasdaq por Meta y compañía. Los peligros de la concentración sectorial en los índices. El Ibex 35 es el peor en Europa por los bancos. Pero tampoco ayudan Iberdrola e Inditex. Nos analiza el mercado José Lizán, gestor de Quadriga. Hoy, en el frente monetario es protagonista el BCE. Hemos visto a una Lagarde más institucional, si cabe, que Powell ayer. Se ha visto en reacción a sus comentarios más volatilidad en euro. Los bonos se siguen moviendo por el influjo de la Reserva Federal. Valoramos resultados de BBVA. Y hablamos de tecnología en la agricultura. Y tenemos Formación. Con Marc Ribes, de Blackbird.

Tous les jours dans la matinale d'Europe 1, Olivier de Lagarde scrute et analyse la presse du jour. Aujourd'hui, le monde du travail se transforme face à l'IA, l'offenssive médiatique de Jordan Bardella et le contre-budget de Sarah Knafo et la femme la plus riche du monde. Hébergé par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.

Tous les jours dans la matinale d'Europe 1, Olivier de Lagarde scrute et analyse la presse du jour. Aujourd'hui, le monde du travail se transforme face à l'IA, l'offenssive médiatique de Jordan Bardella et le contre-budget de Sarah Knafo et la femme la plus riche du monde. Hébergé par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.

Tous les jours dans la matinale d'Europe 1, Olivier de Lagarde scrute et analyse la presse du jour. Aujourd'hui, les mauvais résultats de Porsche, la petite dernière de chez Dacia, la victoire de Javier Milei. Hébergé par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.

Tous les jours dans la matinale d'Europe 1, Olivier de Lagarde scrute et analyse la presse du jour. Aujourd'hui, les mauvais résultats de Porsche, la petite dernière de chez Dacia, la victoire de Javier Milei. Hébergé par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.

Tous les jours dans la matinale d'Europe 1, Olivier de Lagarde scrute et analyse la presse du jour. Aujourd'hui, les risques d'une dissolution après le 15 novembre, la suite des discussions budgétaires et les jeunes moins soutenus financièrement que les personnes âgées Hébergé par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.

Tous les jours dans la matinale d'Europe 1, Olivier de Lagarde scrute et analyse la presse du jour. Aujourd'hui, les risques d'une dissolution après le 15 novembre, la suite des discussions budgétaires et les jeunes moins soutenus financièrement que les personnes âgées Hébergé par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.

Tous les jours dans la matinale d'Europe 1, Olivier de Lagarde scrute et analyse la presse du jour.Hébergé par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.

Tous les jours dans la matinale d'Europe 1, Olivier de Lagarde scrute et analyse la presse du jour.Hébergé par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.

Tous les jours dans la matinale d'Europe 1, Olivier de Lagarde scrute et analyse la presse du jour. Aujourd'hui, la directive européenne pour la transparence des rémunérations, la lettre rectificative qui prévoit la suspension de la réforme des retraites et le détail de l'utime bouton. Hébergé par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.

Tous les jours dans la matinale d'Europe 1, Olivier de Lagarde scrute et analyse la presse du jour. Aujourd'hui, la directive européenne pour la transparence des rémunérations, la lettre rectificative qui prévoit la suspension de la réforme des retraites et le détail de l'utime bouton. Hébergé par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.

European bourses are broadly lower, but FTSE 100 outperforms after UK inflation; US equity futures are modestly weaker.USD is flat & GBP hit after region's softer-than-expected inflation report, which has boosted bets for a cut in December.USTs are flat/slightly firmer ahead of supply, Gilts gap higher after CPI, Bunds marginally pressured after yet another poor auction.Initial morning bounce back in gold has faded with XAU now lower on the session; crude complex is on a firmer footing.Looking ahead, CCP 4th Plenum (20th-23rd), Speakers including ECB's de Guindos, Lagarde & Fed's Barr, Supply from the US, Earnings from SAP, Tesla, IBM, Kinder Morgan, Alcoa, Lam Research, GE Vernova, Hilton, AT&T & Thermo Fisher.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

US President Trump said he will discuss a lot of things with Chinese President Xi in two weeks; however, he added that the meeting might not happenUS futures are marginally firmer, while European futures point to a slightly lower cash openDXY softened overnight, EUR and GBP lifted modestly off Tuesday's trough, USD/JPY contained and back below 152.00Fixed benchmarks rangebound into supplyCrude underpinned by a Russian strike on Ukrainian energy infrastructure, XAU continued to falter to the USD 4k/oz mark but has since bouncedLooking ahead, highlights include UK CPI (Sep), CCP 4th Plenum (20th-23rd), BoJ SLOOS, Speakers including ECB's de Guindos, Lagarde & Fed's Barr, Supply from Germany & US, Earnings from SAP, Barclays, Akzo Nobel, Tesla, IBM, Kinder Morgan, Alcoa, Lam Research, GE Vernova, Hilton, AT&T & Thermo Fisher.Click for the Newsquawk Week Ahead.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Tous les jours dans la matinale d'Europe 1, Olivier de Lagarde scrute et analyse la presse du jour. Aujourd'hui, le déclassement des jeunes actifs, la sortie du nouvel Astérix, la réforme des retraites décalée et l'examen du budget. Hébergé par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.

European bourses are mixed and have traded choppy throughout the morning; US equity futures are modestly lower, ahead of a slew of earnings.DXY is underpinned by the downbeat risk tone and easing credit concerns; JPY underperforms as Takaichi becomes Japanese PM.Global fixed paper are bid amid the softer risk tone and reports around AA rating criteria.Metals sell off as “debasement trade” loses momentum; Crude is essentially flat in choppy trade.Looking ahead, Canadian CPI (Sep), NBH Policy Announcement, CCP 4th Plenum (20th-23rd), Speakers including ECB's Nagel & Lagarde, Fed's Waller, BoE's Bailey & BreedenEarnings from Netflix, Intuitive, Texas Instruments, Capital One Financial, Coca-Cola, GE Aerospace, Elevance Health, Lockheed Martin, Philip Morris, RTX, General Motors, 3M, Nasdaq & Danaher.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

APAC stocks took their cues from the rally on Wall Street as the focus remained on US-China trade with some optimism following US President Trump's comments in which he stated that China has been respectful of them.US President Trump continued to tout a November 1st deadline for additional tariffs, he also reaffirmed that he will be meeting with Chinese President Xi and thinks they will reach a 'fantastic deal'.Japanese LDP leader Takaichi won the lower house vote (237 votes out of 465-seats) to become Japan's first female PM, as expected.European equity futures indicate a modestly positive cash market open with Euro Stoxx 50 futures up 0.1% after the cash market closed with gains of 1.3% on Monday.Looking ahead, highlights include UK PSNB (Sep), Canadian CPI (Sep), NBH Policy Announcement, CCP 4th Plenum (20th-23rd), Speakers including ECB's Nagel, Lane & Lagarde, Fed's Waller, BoE's Bailey & Breeden, Supply from UK & Germany,Earnings from Netflix, Intuitive, Texas Instruments, Capital One Financial, Coca-Cola, GE Aerospace, Elevance Health, Lockheed Martin, Philip Morris, RTX, General Motors, 3M, Nasdaq & Danaher.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Tous les jours dans la matinale d'Europe 1, Olivier de Lagarde scrute et analyse la presse du jour. Aujourd'hui, l'incarcération de Nicolas Sarkozy à 10 heures à la prison de la Santé, le point sur l'enquête du vol des bijoux de la couronne au Louvre. Hébergé par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.

Tous les jours dans la matinale d'Europe 1, Olivier de Lagarde scrute et analyse la presse du jour. Aujourd'hui, la bataille du budget qui débute aujourd'hui à l'Assemblée nationale, Renault qui renonce au tout électrique. Hébergé par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.

US President Trump said they are in a trade war with China, and if the US don't have tariffs, they don't have national security, while he stated that tariffs are a very important tool for defence.European bourses are mostly higher, SMI bid post-Nestle results and NQ outperforms after strong Q3 TSMC earnings.USD mixed vs. peers, GBP leads whilst AUD was pressured by a weak jobs report.USTs are firmer, fleeting upside in OATs after PM Lecornu survives the 1st no confidence vote; now awaiting the 2nd vote.Crude benchmarks trade rangebound despite rising geopolitical tensions, XAU forms another new ATH.Looking ahead, highlights include Philly Fed (Oct), Atlanta Fed GDP, Comments from Fedʼs Waller, Barkin, Barr, Miran, Bowman & Kashkari, ECBʼs Lane & Lagarde, BoCʼs Macklem, BoEʼs Greene & Mann.Earnings from Bank of New York Mellon, KeyCorp, Charles Schwab, United Airlines, ABB & Bankinter.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

US President Trump said they are in a trade war with China, and if the US don't have tariffs, they don't have national security, while he stated that tariffs are a very important tool for defence.The US Senate is set to leave for the week on Thursday and is nowhere near ending the shutdown, according to a journalist.BoJ's Tamura said the BoJ should push rates closer towards levels deemed neutral, but does not need to raise rates sharply or tighten monetary policy now, given both upside and downside risks.US President Trump said Israeli forces could resume fighting in Gaza as soon as he gives the word if Hamas doesn't uphold the ceasefire deal, according to CNN.APAC stocks took impetus from the positive handover from Wall Street, where most major indices ultimately gained; European equity futures indicate a lower cash market open.Looking ahead, highlights include UK GDP (Aug), EZ Trade Balance (Aug), Philly Fed (Oct), Atlanta Fed GDP, Comments from Fedʼs Waller, Barkin, Barr, Miran, Bowman & Kashkari, ECBʼs Lane & Lagarde, BoCʼs Macklem, BoEʼs Greene & Mann, Supply from Spain & France, Earnings from TSMC, Bank of New York Mellon, KeyCorp, Charles Schwab, United Airlines, ABB & Bankinter. Suspended Releases: US Weekly Claims, PPI (Sep), Retail Sales (Sep). Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

De podcast stond amper online en het ging fout. Op vrijdagavond dook de hele cryptomarkt diep in het rood. Bitcoin ging 16% omlaag, sommige altcoins gingen letterlijk naar nul. In deze uitzending staan we er uitgebreid bij stil. Wat veroorzaakte de crash? En welke invloed hebben perpetual futures of de spot markt? Bert legt het je uit. Voor de rest hebben we een aantal leuke luisteraarsvragen en bookmarks. Zo hebben we het over intrinsieke waarde, goud, een enorme bitcoin vangst in Amerika en een foutje van Paxos. Veel luisterplezier!Probeer Bitcoin Alpha 2 weken gratis!Satoshi Radio wordt mede mogelijk gemaakt door: Amdax, Watson Law en onze hoofdsponsor Bitvavo.Timestamps(00:00:00) Welkom en Podcast Introductie(00:07:00) De crash van vorige week vrijdag(00:28:00) Vragen van luisteraars: Lagarde en Goud(00:40:00) Vragen van luisteraars: geld stallen in Zwitserland?(00:55:00) Bookmark van Bert: Luxembourg's Intergenerational Sovereign Wealth Fund (FSIL) has invested 1% of its holdings in Bitcoin(01:01:00) Bookmark van Bart: Grootste Bitcoin vangst voor US Department of Justice(01:09:00) Bookmark van Peter: De rol van Binance in de crash van afgelopen vrijdag(01:24:00) Bookmark van Bart: Back in the earlier Bitcoin days (2013 for me), we often thought of altcoins as a sort of testnet.(01:33:00) Bookmark van Peter: Paxos print $300.000.000.000.000(01:35:00) Bookmark van Bert: Five takeaways from the Bitwise Invest Crypto Diligence Summit(01:40:00) Marktupdate(02:32:00) EindeBookmarksBert:Luxembourg's Intergenerational Sovereign Wealth Fund (FSIL) has invested 1% of its holdings in BitcoinFive takeaways from the Bitwise Invest Crypto Diligence SummitBart:Grootste Bitcoin vangst voor US Department of JusticeTime to do it again.Zijn we eindelijk veilig voor ‘Chat Control'?Back in the earlier Bitcoin days (2013 for me), we often thought of altcoins as a sort of testnet.Peter:Binance - Crashtheorie 1: Het was een aanvalBinance - Crashtheorie 2: Het was Binance zelfBinance - Angry mob 1: ‘Haal er je assets weg'Binance - Angry mob 2: ‘Sjoemelt met token listings'Binance - ‘Chinese PR in een Westerse community'Larry Fink wordt blij van tokenizationPaxos print $300.000.000.000.000

ECB President Christine Lagarde refuses to call an end to the central bank's interest rate cutting cycle despite hailing the resilience of euro zone economies. Lagarde tells our colleagues Stateside she is anticipating all risks. Dutch chip maker ALSM posts net bookings ahead of forecasts for Q3 and is expecting stable sales next year despite a major slowdown in Chinese demand. Luxury giant LVMH posts a 1 per cent increase in third quarter sales thanks to a rebound in the Chinese market. We speak to the CEO of Swiss watch maker Breitling, Georges Kern, who says an easing of political tensions would immediately boost luxury goods consumption.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

APAC stocks were mostly higher as expectations for incoming Fed rate cuts helped the region shrug off the mixed lead from Wall St.Fed Chair Powell said downside risks to the US jobs market have risen and rising risks to the job market justified a September interest rate cut.US President Trump announced he is considering terminating business with China regarding cooking oil.European equity futures indicate a firm cash market open with EuroStoxx 50 future up 1.2% after the cash market closed with losses of 0.3% on Tuesday.DXY is softer and now basically flat on the week, AUD is attempting to atone for recent losses, EUR/USD sits on a 1.16 handle.Looking ahead, highlights include EZ Industrial Production (Aug), NY Fed Manufacturing (Oct), Cleveland Fed CPI (Sep), US Military Pay Date, Fed Beige Book, (Suspended Releases: US CPI), BoE's Ramsden & Breeden, ECB's de Guindos, Lane & Lagarde, Fed's Miran, Bostic, Waller & Schmid, RBA's Bullock & Kent, Supply from UK & Germany.Earnings from ASML, Bank of America, Morgan Stanley, Dollar Tree & Progressive.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European bourses are in the green; LVMH +14% & ASML +3.6% both gain post-earnings; US equity futures also rise.USD losses extend into a second session, EUR remains underpinned by French optimism.USTs incrementally firmer, OATs gain as traders digest the latest pension reform suspension.XAU breaks USD 4200/oz, crude benchmarks muted amid heightened trade tensions.Looking ahead, highlights include NY Fed Manufacturing (Oct), Cleveland Fed CPI (Sep), US Military Pay Date, Fed Beige Book, (Suspended Releases: US CPI), BoE's Breeden, ECB's Lane & Lagarde, Fed's Miran, Bostic, Waller & Schmid, RBA's Bullock & Kent.Earnings from Bank of America, Morgan Stanley, Dollar Tree & Progressive.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Bart is terug van vakantie dus de club is weer compleet. Extra veel bookmarks dus vandaag. We hebben het over de inflows in de ETF, de enorme schatkist van Coinbase, Lagarde bij College Tour, de shutdown van de overheid in Amerika en de status van Roman Storm. Daarnaast natuurlijk de marktupdate, waar Bert je precies vertelt wat een rijpe bullmarkt is. Veel luisterplezier!Probeer Bitcoin Alpha 2 weken gratis!Satoshi Radio wordt mede mogelijk gemaakt door: Amdax, Watson Law en onze hoofdsponsor Bitvavo.Timestamps(00:00:00) Welkom en Podcast Introductie(00:11:34) Reacties van kijkers(00:18:42) Bookmark van Bert: IBIT is #1 in weekly flows among all ETFs(00:26:40) Bookmark van Bart: Coinbase's Bitcoin under management surpassed 2.9 million BTC(00:30:00) Bookmark van Peter: Morgan Stanley adviseert tot 4% blootstelling aan bitcoin(00:35:00) Bookmark van Bert: Jeroen Blokland heeft een boek geschreven: “De grote herbalancering”(00:43:26) Bookmark van Bart: Lagarde terug bij College Tour(00:56:25) Bookmark van Peter: Amerikaanse shutdown legt goedkeuring van crypto ETF's stil(00:58:30) Bookmark van Bert: Deutsche Bank over bitcoin bij centrale banken(01:02:00) Bookmark van Bart: Bitcoin integratie in Square POS lijkt nu echt (ECHT) live te gaan(01:07:30) Bookmark van Peter: Roman Storm, medeoprichter van Tornado Cash, vecht terug(01:11:28) Bookmark van Bert: Ambts heeft 30 miljoen opgehaald in IFR, volgende halte: beursgang(01:14:54) Bookmark van Peter: Fiscale opluchting voor Amerikaanse bitcoinbedrijven(01:18:41) Marktupdate(02:09:00) EindeBookmarksBert:IBIT is #1 in weekly flows among all ETFsIBIT most profitable ETF for BlackRockIBIT meer dan $100B in de kluisJeroen Blokland heeft een boek geschreven: “De grote herbalancering”Gebruik code DGH10 op degroteherbalancering.comDeutsche Bank over bitcoin bij centrale bankenPresentatie: “Gold's reign, Bitcoin's rise”Rapport: “Bitcoin vs. Gold: The Future of Central Bank Reserves by 2030”Ambts heeft 30 miljoen opgehaald in IFR, volgende halte: beursgangBart:Bitcoin integratie in Square POS lijkt nu echt (ECHT) live te gaanStrike lending is live in de EUFirefish maakt source code openbaarThere is no second best….of toch wel?Lagarde terug bij College TourCoinbase's Bitcoin under management surpassed 2.9 million BTCPeter:ICE neemt miljardenbelang in PolymarketMorgan Stanley adviseert tot 4% blootstelling aan bitcoinAmerikaanse Roman Storm, medeoprichter van Tornado Cash, vecht terugFiscale opluchting voor Amerikaanse Grayscale introduceert staking op Wall Street

EU sees new US trade demands hollowing out deal struck by US President Trump, according to Bloomberg citing sources.European bourses are broadly firmer but with ASML (-1.7%) weighing on the AEX; US equity futures are modestly higher.USD continues to rally, boosted by a weak JPY and NZD; the Kiwi is the clear underperformer after the RBNZ delivered a jumbo 50bps cut and left the door open for more rate reductions.Global paper moves higher, OATs outperform, awaiting French PM Lecornu later.XAU topped the USD 4,000/oz mark, crude is continuing to rebound as China is set to re-enter the market tomorrow.Looking ahead, NBP Policy Announcements, FOMC Minutes (Sep), Speakers including BoE's Pill, ECB's Elderson & Lagarde, Fed's Musalem, Barr, Goolsbee & Kashkari, NVIDIA CEO Huang, French PM Lecornu, Supply from US.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

APAC stocks trade mixed with demand hampered following the negative handover from the US; European futures flat.RBNZ cut rates by 50bps and kept the door open to further rate cuts.US President Trump said a lot of things will be eliminated due to the shutdown, and he will tell us about the eliminated jobs in four or five days.USD remains on the front foot, NZD lags post-RBNZ, JPY digests soft real cash earnings data.Spot gold continued its advances, in which spot prices climbed above the USD 4,000/oz level.Looking ahead, highlights include German Industrial Output (Aug), Swedish CPIF Flash (Sep), NBP Policy Announcements, FOMC Minutes (Sep), BoE's Pill, ECB's Elderson & Lagarde, Fed's Musalem, Barr, Goolsbee & Kashkari, Supply from UK, Germany & US.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

✔️ Bitcoin Supply Shock FUD ✔️ Lagarde's Bitcoin Cope ✔️ Hopium: S&P Crypto Index, Peter Schiff is right? SBR.... any day now✔️ Paper Bitcoin Summer Updates: NAKA, WhalePanda, AMBTS✔️ Germany's Broken Money Syndrome Intensifies ✔️ Sources: ► https://x.com/notgrubles/status/1975229426364506210?s=52&t=CKH2brGypO5fEYTgQ-EFhQ► https://x.com/saniexp/status/1975151486066995496?s=52&t=CKH2brGypO5fEYTgQ-EFhQ► https://x.com/bitcoinnewscom/status/1975513955851186380?s=52&t=CKH2brGypO5fEYTgQ-EFhQ► https://finance.yahoo.com/news/wall-street-giant-p-just-194251981.html► https://x.com/btctreasuries/status/1975544405517111304?s=52&t=CKH2brGypO5fEYTgQ-EFhQ► https://x.com/whalepanda/status/1975595412053762505?s=52&t=CKH2brGypO5fEYTgQ-EFhQ► https://x.com/btc_archive/status/1975547202526163451?s=52&t=CKH2brGypO5fEYTgQ-EFhQ► https://x.com/btc_archive/status/1975570963828752825?s=52&t=CKH2brGypO5fEYTgQ-EFhQ► https://x.com/bitcoinnewscom/status/1975568797433036957?s=52&t=CKH2brGypO5fEYTgQ-EFhQ► https://ventureburn.com/meanwhile-bitcoin-life-insurer-raises-82m-to-expand-savings/► https://x.com/btc_archive/status/1975538843139940697?s=52&t=CKH2brGypO5fEYTgQ-EFhQ► https://www.reuters.com/business/dutch-crypto-firm-amdaxs-ambts-raises-30-mln-euros-funding-2025-10-07/►TABCONF TICKETS HERE: https://7.tabconf.com/✔️ Check out Our Bitcoin Only Sponsors!► https://archemp.co/Discover the pinnacle of precision engineering. Our very first product, the bitcoin logo wall clock, is meticulously machined in Maine from a solid block of aerospace-grade aluminum, ensuring unparalleled durability and performance. We don't compromise on quality – no castings, just solid, high-grade material. Our state-of-the-art CNC machining center achieves tolerances of 1/1000th of an inch, guaranteeing a perfect fit and finish every time. Invest in a product built to last, with the exacting standards you deserve.► Join Our telegram: https://t.me/theplebunderground#Bitcoin #crypto #cryptocurrency #dailybitcoinnews #memecoins The information provided by Pleb Underground ("we," "us," or "our") on Youtube.com (the "Site") our show is for general informational purposes only. All information on the show is provided in good faith, however we make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability, or completeness of any information on the Site. UNDER NO CIRCUMSTANCE SHALL WE HAVE ANY LIABILITY TO YOU FOR ANY LOSS OR DAMAGE OF ANY KIND INCURRED AS A RESULT OF THE USE OF THE SHOW OR RELIANCE ON ANY INFORMATION PROVIDED ON THE SHOW. YOUR USE OF THE SHOW AND YOUR RELIANCE ON ANY INFORMATION ON THE SHOW IS SOLELY AT YOUR OWN RISK.

Democrat and Republican bills to end the US government shutdown failed to secure sufficient votes for passage in the Senate, as expected.Senior Hamas official Mahmoud Al-Mardaw said "President Trump's plan is mainly an Israeli plan", but emphasises that Hamas wants to end the war.European bourses are choppy, trading on either side of the unchanged mark; US equity futures are flat/lower.USD once again on the front foot despite ongoing impasse on Capitol Hill; Kiwi lags awaiting the RBNZ.Bearish trade across global paper, except for JGBs which are marginally firmer following supply.Gold prints fresh ATHs near USD 4,000/oz; crude subdued, eyeing geopolitical updates. On supply, Russian Deputy PM Novak says OPEC+ nations did not discuss increasing quotas by more than 137k BPD in November.Looking ahead, NY Fed SCE, Atlanta Fed GDP, Canadian Trade Balance (Aug), Ivey PMI (Sep), EIA STEO, Speakers including Fed's Bostic, Bowman, Miran, Kashkari, ECB's Lagarde & Nagel, Supply from the US, Earnings from McCormick & Company.Suspended Releases: US International Trade, Consumer Credit.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

APAC stocks traded mixed despite the tech-led advances on Wall St, with several holiday closures, Japanese stocks rallied again as the post-LDP election euphoria persisted.Democrat and Republican bills to end the US government shutdown failed to secure sufficient votes for passage in the Senate, as expected.European equity futures indicate an uneventful cash market open with Euro Stoxx 50 future flat after the cash market closed with losses of 0.4% on Monday.DXY held onto yesterday's gains, which were triggered by JPY and EUR selling. USD/JPY remains above 150.French President Macron said he has asked outgoing PM Lecornu to hold final talks with political partners to stabilise the country.Looking ahead, highlights include German Industrial Orders (Aug), US RCM/TIPP Economic Optimism, NY Fed SCE, Atlanta Fed GDP, Canadian Trade Balance (Aug), Ivey PMI (Sep), (Suspended Releases: US International Trade, Consumer Credit), EIA STEO, Fed's Bostic, Bowman, Miran, Kashkari, ECB's Lagarde & Nagel, Supply from UK, Germany & US.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

En Capital Intereconomía hemos repasado las claves del día y la evolución de los mercados en Asia, Wall Street y Europa, con un arranque de semana marcado por los nuevos máximos del Ibex, las bolsas europeas y Wall Street. En el primer análisis de la mañana, Eduardo Bolinches, analista de Invertia, ha valorado hasta dónde puede llegar el rally bursátil y qué se puede esperar de las próximas intervenciones de Powell y Lagarde. Además, hemos analizado el comportamiento del sector bancario, que sigue siendo uno de los grandes impulsores del mercado, y la evolución del oro, que continúa en ascenso en busca de nuevos niveles. En la entrevista de la jornada, José Luis Orella, profesor de Historia Contemporánea de la Universidad CEU San Pablo, ha explicado los primeros pasos de las negociaciones entre Israel y Hamás en torno al plan de paz propuesto por Donald Trump para Gaza, así como las conversaciones que se desarrollan en El Cairo para lograr la liberación de los rehenes israelíes.

Japan's ruling LDP elected Sanae Takaichi as its leader, who is set to become Japan's first female PM; Nikkei 225 +4.7%, JPY sinks.European bourses opened modestly lower and then took a hit following French PM Lecornu's decision to resign; CAC 40 -1.6%. US equity futures are modestly firmer across the board.USD has been boosted as JPY ponders looser fiscal/monetary mix and EUR hit by French political risk.10yr JGBs soared then faltered after Takaichi while OATs were sold after Lecornu resigned.Crude benchmarks gain after OPEC+ producers agreed to a modest production increase of 137k bpd in November.Looking ahead, US Employment Trends (Sep), New Zealand NZIER (Q3), Speakers including BoE's Bailey, ECB's Lagarde, Earnings from Constellation Brands.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

APAC stocks began the week mixed amid several holiday closures throughout the week and the ongoing US government shutdown.Nikkei 225 rallied, JPY fell and the JGB curve steepened amid hopes of fiscal loosening and a delay to BoJ policy normalisation following Sanae Takaichi's LDP leadership victory.Crude futures gained after OPEC+ producers agreed to a modest production increase of 137k bpd in November.Israel and Hamas are preparing for mediated negotiations on Monday in Egypt; hopes for a ceasefire have increased.NEC Director Hassett commented that mass layoffs of federal workers will begin if President Trump sees that shutdown talks are going nowhere.Looking ahead, highlights include EZ Construction PMI (Sep), Sentix (Oct), Retail Sales (Aug), US Employment Trends (Sep), New Zealand NZIER (Q3), BoE's Bailey, ECB's de Guindos, Lane, Escriva & Lagarde.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

They call it “financial inclusion,” but it's anything but. Whether's it's Vietnam's mass bank-account purge, India's new censorship engine, or Lagarde's demands to "accelerate" control before democracy gets in her way, governments are racing to move the world into a monetary dystopia. I break down the latest Financial Freedom Report and explain why this rising wave of surveillance could be the very thing that pushes millions toward Bitcoin. Check out the original article Financial Freedom Report #91 by HRF (Link: https://hrf.org/latest/financial-freedom-report-91/) References from the episode Paul Stanaland - Why South Asia's Regimes Keep Falling (Link: https://tinyurl.com/hznk6uza) Breeze SDK (Link: https://breez.technology/sdk/) Alby Lightning Wallet (Link: https://getalby.com/alby-go) Spark (Link: https://www.spark.money/) Cashu e-cash developer resources (CDK) (Link: https://github.com/cashubtc/cdk) Bitcoin Source podcast with Abu Bakr Nair Khalil (Link: https://www.youtube.com/watch?v=q8O98rqKX6Y) PearDrive Core (Link: https://github.com/peardrive/PearDriveCore) PearDrive CLI (Link: https://github.com/peardrive/PearDriveCLI) Check out our awesome sponsors! Ledn: Need fiat but don't want to sell your Bitcoin? Ledn offers secure, Bitcoin-backed loans with no credit checks, flexible repayment, and fast turnaround—often within 24 hours. With $10B+ in loans across 100+ countries and transparent Proof of Reserves, Ledn is a trusted option for unlocking liquidity without giving up your Bitcoin. (Link: https://learn.ledn.io/audible) HRF: The Human Rights Foundation is a nonpartisan, nonprofit organization that promotes and protects human rights globally, with a focus on closed societies. Subscribe to HRF's Financial Freedom Newsletter today. (Link: https://mailchi.mp/hrf.org/financial-freedom-newsletter) OFF: The Oslo Freedom Forum is a global human rights event by the Human Rights Foundation (HRF), uniting voices from activism, journalism, tech, and beyond. Through powerful stories and collaboration, OFF advances freedom and human potential worldwide. Join us next June. (Link: https://oslofreedomforum.com/) Pubky: Pubky is building the next web, a decentralized system designed to put control back in your hands. Escape censorship, algorithmic manipulation, and walled gardens by owning your identity and data. Explore the Pubky web and become the algorithm today. Don't forget to find me on my Pubky ID here: pk:5d7thwzkxx5mz6gk1f19wfyykr6nrwzaxri3io7ahejg1z74qngo. (Link: https://pubky.org) Chroma: Chroma is dedicated to advancing human performance and well-being through cutting-edge light therapy devices and performance eyewear. Their mission is to enhance physical and mental health, unlocking...

En Capital Intereconomía hemos repasado las claves del día y la evolución de los mercados en Asia, Wall Street y Europa, con un arranque de semana marcado por los nuevos máximos del Ibex, las bolsas europeas y Wall Street. En el primer análisis de la mañana, Eduardo Bolinches, analista de Invertia, ha valorado hasta dónde puede llegar el rally bursátil y qué se puede esperar de las próximas intervenciones de Powell y Lagarde. Además, hemos analizado el comportamiento del sector bancario, que sigue siendo uno de los grandes impulsores del mercado, y la evolución del oro, que continúa en ascenso en busca de nuevos niveles. En la entrevista de la jornada, José Luis Orella, profesor de Historia Contemporánea de la Universidad CEU San Pablo, ha explicado los primeros pasos de las negociaciones entre Israel y Hamás en torno al plan de paz propuesto por Donald Trump para Gaza, así como las conversaciones que se desarrollan en El Cairo para lograr la liberación de los rehenes israelíes.

APAC stocks were mostly firmer, taking their cue from Wall Street's gains amid light newsflow, whilst the looming delay of the US jobs report due to the government shutdown keeps focus on Fed speak and ISM data.US President Trump said he is considering taxpayer rebates of USD 1,000–2,000 funded by tariff revenue, according to Reuters.USD/JPY saw upside momentum as BoJ Governor Ueda stressed the importance of maintaining an accommodative monetary environment to support the economy.European equity futures are indicative of a mildly firmer open with the Euro Stoxx 50 future +0.2% after cash closed +1.1% on Thursday.Highlights include Turkish CPI (Sep), EZ & UK Final Composite PMIs (Sep), EZ Producer Prices (Aug), ISM Services (Sep), ECB's Lagarde, Schnabel, Fed's Williams, Jefferson, BoE's Bailey.Due to the US government shutdown, the following data will not be released: US NFP (Sep)Click for the Newsquawk Week Ahead.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European bourses and US futures are firmer into a quieter than initially scheduled session on account of the gov't shutdown, ES +0.3%.DXY underpressure, down to a 97.70 trough. JPY is the relative laggard after remarks from Ueda, NZD continues to climb.USTs await ISM Services, Bunds unreactive to PMI revisions and remarks from Lagarde re. Knot. Gilts are attentive to the OBR's first forecast round.Crude saw fleeting upside on Hamas asking for more time to consult on Trump's Gaza plan, XAU pauses for breath.Looking ahead, US Final Composite PMIs (Sep), ISM Services (Sep), ECB's Schnabel, Fed's Williams, Jefferson, BoE's Bailey.Due to the US government shutdown, the following data will not be released: US NFP (Sep).Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Tous les jours dans la matinale d'Europe 1, Olivier de Lagarde scrute et analyse la presse du jour. Aujourd'hui, Brgitte Macron contrainte de prouver qu'elle est une femme face à la justice américaine, le plan de paix de Donald Trump pour Gaza, le projet de gouvernement de Sébastien Lecornu et la déflagration CNews. Hébergé par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.

Morgan Stanley's chief economists discuss how policymakers in China, Japan and the European Union are addressing slower growth, deflation or the return of inflationary pressures. Read more insights from Morgan Stanley.----- Transcript ----- Seth Carpenter: Welcome to Thoughts on the Market. I'm Seth Carpenter, Morgan Stanley's Global Chief Economist.Well, a lot has changed since the second quarter and the last time we did one of these around the world economics roundtable. After an extended pause, the United States Federal Reserve started cutting rates again. Europe's recovery is showing, well, some mixed signals. And in Asia, there's once again increasing reliance on policy support to keep growth on track.Today for the first part of a two-part conversation, I'm going to engage with Chetan Ahya, our Chief Asia economist, and Jens Eisenschmidt, our Chief Europe economist, to really get into a conversation about what's going on in the economy around the world.It's Tuesday, September 30th at 10am in New York.Jens Eisenschmidt: And 4pm in Frankfurt.Chetan Ahya: And 10pm in HongSeth Carpenter: So, it's getting to be the end of the third quarter, and the narrative around the world is still quite murky from my perspective. The Fed has delivered on a rate cut. The ECB has decided that maybe disinflation is over. And in Asia, China's policymakers are trying to lean in and push policy to right the wrongs of deflation in that economy.I want to get into some of the real hard questions that investors around the world are asking in terms of what's going on in the economy, how it's working out, and what we should look for. So, Chetan, if I can actually start with you. One of the terms that we've heard a lot coming out of China is the anti-involution policy.Can you just lay out briefly for us, what do we mean when we say the anti-involution policy in China?Chetan Ahya: Well, the anti-evolution policy is a response to China's excess capacity and persistent deflation challenge. And in China's context, involution refers to the dynamic where producers compete excessively, resulting in aggressive price cuts and diminishing returns on capital employed. And look, at the heart of this deflation challenge is China's approach of maintaining high real GDP growth with more investment in manufacturing and infrastructure when aggregate demand slows. And in the past few years, policy makers push for investment in manufacturing and infrastructure to offset the sharp slow down in property sector.And as a result, a number of industry sectors now have large excess capacities, explaining this persistent deflationary environment. And after close to two and a half years of deflation, policy makers are recognizing that deflation is not good for the corporate sector, households and the government. And from the past experience, we know that when policymakers in China signal a clear intention, it will be followed up by an intensification of policy efforts to cut capacity in select sectors. However, we think moving economy out of deflation will be challenging. These supply reduction efforts may be helpful but will not be sufficient on their own. And this time for a sustainable solution to deflation problem, we think a pivot is needed – supporting consumption via systematic efforts to increase social welfare spending, particularly targeted towards migrant workers in urban China and rural poor. But we are not optimistic that this solution will be implemented in scale.Seth Carpenter: So that makes sense because in the past when we've been talking about the issue of deflation in China, it's essentially this mismatch between the amount of demand in the economy not being sufficient to match the supply. As you said, you and your team have been thinking that the best solution here would be to increase demand, and instead what the policymakers are doing is reducing supply.So, if you don't think this change in policy, this anti-evolution policy is sufficient to break this deflation cycle – what do you see as the most likely outcome for economic growth in China this year and next?Chetan Ahya: So, this year we expect GDP growth to be around 4.7 percent, which implies that in the back half of the year you'll see growth slowing down to around 4.5 percent because we already grew at 5.2 in the first half. And, going forward we think that, you know, you should be looking more at normal GDP growth set because as we just discussed deflation is a key challenge.So, while we have real GDP growth at 4.7 for 2025, normal GDP growth is going to be 4 percent. And next year, again, we think normal GDP growth will be in that range of 4 percent.Seth Carpenter: That whole spiral of deflation – it's sort of interesting, Japan as an economy has broken that sort of stagnation or disinflation spiral that it was in for 25 years. We've been writing for a long time about the reflation story going on in Japan. Let me ask you, our forecast has been that the reflationary dynamic is there. It's embedded, it's not going away anytime. But, on the other hand, we basically see the Bank of Japan as on hold, not just for the rest of this year, but for all of next year as well.Can you let us know a little bit about what's going on with Japan and why we don't think the Bank of Japan might raise interest rates anytime soon?Chetan Ahya: So, Seth, at the outset, we think BoJ needs still some more time to be sure that we are on that virtuous cycle of rising prices and wages. Yes, both prices and wages have gone up. But it is very clear from the data that a large part of this rise in prices can be attributed to currency depreciation and supply side factors, such as higher energy prices earlier, and food prices now. And similarly, currency depreciation has also played a role in lifting corporate profits, which then has allowed the corporate sector to increase wages.So, if you look at the drivers to rise in prices and wage growth as of now, we think that demand has not really played a big role. To just establish that point, if you look at Japan's GDP, it's just about 1 percent higher than pre-COVID on a real basis. And if you look at Japan's consumption, real consumption trend, it's still 1 percent below pre-COVID levels.So, we think BoJ still needs more time. And just to add one more point on this. BoJ is also conscious about what tariffs will do to Japan's exports, and economy; and therefore, they want to wait for some more time to see the evidence that demand also picks up before they take up a policy rate hike.Seth Carpenter: So, one economy in deflation and policy is probably not enough to prevent it. Another economy that's got reflation, but a very cautious central bank who wants to make sure it continues. Jens, let's pivot now to Europe because at the last policy meeting, President Lagarde of the ECB said pretty, pretty strongly that she thinks the disinflationary process in Europe has come to an end. And that the ECB is basically on hold at this point going forward.Do you agree with her assessment? Do you think she's got it right? You think she's got it wrong? How could she be wrong, if she's wrong? And what's your outlook for the ECB?Jens Eisenschmidt: Yeah, there a ton of questions here. I think I was also struck by the statement as you were. I think there is probably – that's at least my interpretation – a reference here to – Okay, we have come down a long way in terms of inflation in the Euro area. Rather being at 10 percent at some point in the past and now basically at target. And we think; I mean, we just got the data actually, for September in. It's more or less in line with what we had expected up again to 2.3. But that's really it. And then from here it's really down.Very good reasons to believe this will be the case. We have actually inflation below target next year, and the ECB agrees. So that's why I think she can't have made reference to what Liza had because the ECB itself is predicting that inflation from here will fall. So, I think it's really probably rather description of the way traveled. And then there may be some nuances here in the policy prescription forward.So, for now we think inflation will undershoot the target. And we think this undershoot has good chances to extend well into the medium term. So that's the famous 2027 forecast. The ECB in its last installment of the forecast in September doesn't disagree. Or it's actually, in theory at least, in agreement because it has a 1.9 here for 2027. So, it's also below target.But when asked about that at the press conference, the President said, yes, it's actually, very close to 2. So, it really cannot be really distinguished here. So, from that perspective, policy makers probably want to wait it out. In particular for the October meeting, which is not a forecast meeting, we don't expect any change.And then the focus of attention is really on the December meeting with the new forecast. What will 2028 show in their forecast for inflation? And will the 1.9 in [20]27 actually be rather 1.8? In which case I think the discussion on further cuts will heat up. We have a cut for December, and we have another one for March.Seth Carpenter: Of course, very often one of the things that drives inflation is overall economic growth and a key determinant of economic growth tends to be fiscal policy. And there we've got two big economies very much in the headlines right now. Germany, on the one hand, with plans to increase spending both on infrastructure and on defense spending. And then France, who's seen lots of instability, shall we say, with the government as they try to come up with a plan for fiscal consolidation.So, with those two economies in mind, can you walk us through what is the fiscal outlook for Germany, in particular? Is it going to be enough to stimulate overall growth in Europe? And then for France, are they going to be able to get the fiscal consolidation that they're looking for? How do you see those two economies evolving in terms of fiscal policy?Jens Eisenschmidt: Yeah, it's of course neither black or white, as you know. I think here we really look into the German case specifically, as the clear case where fiscal stimulus will happen. It may just not happen as quickly, and it's a very trade open economy. So, it's very much exposed to the current headwinds coming out of China for one. Or also U.S. tariffs. So, from that we conclude our net-net is actually, yes, there is textbook fiscal stimulus. So, basically domestic demand replacing less foreign demand.So that's fine, but just not enough. We see essentially better growth in Germany, but that's more cyclically driven. But it was; it just would not be enough for what you would normally think given the size of the fiscal stimulus, which is enormous. But it will also take some time, this fiscal stimulus to unfold.On the other side in France, as you rightly ask, how much consolidation are we going to get? I think the answer has to be very likely less than what the last – or the previous Prime Minister has had planned. So, all in all, that gets us into a situation of a country that lacks a clear economic policy structure, a clear governance structure; tries to – on a very fragile parliamentary majority – tries to consolidate the budget. Probably gets less consolidation going forward than what would be desirable. And, you know, here is sort of – not really...It's been muddling through a little bit. This is probably a good description of the approach here in France, and we actually have on the lack of a clear economic policy agenda and still some fiscal consolidation. We have actually lackluster growth in France for this year and next.Seth Carpenter: Okay, so what I'm hearing you saying is inflation seems likely to come down and probably undershoot their target causing President Lagarde and the ECB to reconsider how many cuts they're going to do. And then growth probably isn't going to be as stimulated by fiscal policy as I think lots of people in markets are hoping for.Chetan, Jens, thanks for joining us.And to the listeners, thank you for listening. Be sure to turn in tomorrow where I'm going to put Michael Gapen, Morgan Stanley's Chief U.S. Economist on the hot seat, talk about the U.S. and maybe one or two more economies around the world.And if you enjoy this show, please leave us a review wherever you listen and share Thoughts on the Market with a friend or a colleague today.

APAC stocks traded flat/mixed following a mostly but modestly firmer handover from Wall Street, with focus on the looming US government shutdown and the possibility of delayed NFP. Meanwhile, the White House announcement of further tariff details overnight capped upside in sentiment.The White House announced tariffs, including a 10% levy on timber and lumber from 14th October, alongside 25% duties on cabinets and vanities, with further hikes on cabinets and upholstered furniture set for 1st January unless trade deals are reached.Punchbowl's Sherman said that from listening to Schumer, Jeffries, and Vance, it does not sound like there was a breakthrough in the meeting, adding that a shutdown is around the corner.BoJ Summary of Opinions noted one member suggested it may be time to consider raising the policy interest rate again, while another said the BoJ gains more information on the US outlook by waiting, and one argued the Bank should maintain accommodative conditions at this point.RBA maintained its Cash Rate at 3.60%, as expected, in a unanimous decision, noting that the decline in underlying inflation has slowedLooking ahead, highlights include UK GDP (Q2), French CPI Prelim (Sep), German CPI Prelim (Sep), Italian CPI Prelim (Sep), US Consumer Confidence, JOLTS Job Openings. Speakers include RBA's Bullock, ECB's Lagarde, Cipollone, Elderson, Fed's Logan, Jefferson, Goolsbee, BoE's Lombardelli, Mann, Breeden. Earnings from Nike, Lamb Weston.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Watch The X22 Report On Video No videos found (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:17532056201798502,size:[0, 0],id:"ld-9437-3289"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");pt> Click On Picture To See Larger PictureThere is virtually no inflation, the Fed predictions have not come true, energy prices are down, so why isn't the Fed lowering the rates by 2 to 3 points? ECB panics over Trump going after the Fed, their world is about to be destroyed. If Trump did not create the parallel system the country would be in a depression right now. The [DS] wants a war, it is part of the 16 year plan and they are trying to move forward with it. The EU has blamed Russia for the illegal problem, cyber attacks and now Ursla says Russia jammed her plane and she had to land. Scare Event will be necessary to have peace. Trump has now called out Big Pharma. Big Pharma gave Trump the covid vaccine results but has not shown the same results to the public, Trump wants them to be transparent. Did Big Pharma lie to Trump during covid to push their vaccines?   Economy (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:18510697282300316,size:[0, 0],id:"ld-8599-9832"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");  President Trump Calls on Judge Jia Cobb to Recuse Herself From Lawsuit by Fired Federal Reserve Board Member Lisa Cook After Sorority They Are Both Members of Releases Statement in Support of Cook  President Donald Trump posted a statement Sunday night calling on U.S. District Judge Jia Cobb to recuse herself from presiding over the lawsuit by Federal Reserve Board of Governors member Lisa Cook challenging Trump's firing of her from the Fed last Monday over allegations of mortgage fraud. https://twitter.com/RapidResponse47/status/1962326210312016149?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1962326210312016149%7Ctwgr%5Ebf1a09094e9d30de8c0fd36bfbd472dd31c215bb%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.thegatewaypundit.com%2F2025%2F09%2Fpresident-trump-calls-judge-jia-cobb-recuse-herself%2F Source: thegatewaypundit.com Trump's Pressure on the Fed Poses a ‘Very Serious Danger,' ECB President Warns President Donald Trump's push to take control of the Federal Reserve could pose a serious threat to the U.S. and global economy, European Central Bank President Christine Lagarde has warned. It would be “very difficult” for Trump to take control of the Fed because he can only remove Fed governors if the Supreme Court finds them guilty of serious misconduct, Lagarde told France's Radio Classique on Monday. “If he succeeds, that would be a very serious danger for the American and global economy,” Lagarde said. Source: barrons.com Bessent: Trump May Declare National Housing Emergency This Fall Treasury Secretary Scott Bessent told the Washington Examiner on Monday that President Donald Trump might declare a national housing emergency this fall to address rising prices and dwindling supply. It would be the first national housing emergency since the Great Recession, Datoc reported, when the housing bubble burst as President Barack Obama was preparing to take over the White House from former President George W. Bush. Trump blasted Federal Reserve Chair Jerome Powell earlier this month for "hurting" the housing industry "very badly" as he campaigned for a reduction in interest rates. Trump has repeatedly urged Powell to cut interest rates while also sharply criticizing Powell.