Monetary policy can be implemented through outright purchases or sales of securities, which permanently changes the size of the Federal Reserve’s System Open Market Account (SOMA) portfolio.
CUSIP: 912796H77Term and Type: 39-Day BillCMB: YesHigh Rate: 0.055%Investment Rate: 0.056%Price: $99.994042Allotted at High: 7.88%Total Tendered: $180,087,604,000Total Accepted: $60,000,080,200Auction Date: 10/14/2021Issue Date: 10/18/2021Maturity Date…
At the end of last month, TikTok announced that it had reached one billion monthly active users. The popular short video platform joined other social media applications such as Facebook, YouTube, WhatsApp and Instagram, which have already surpassed thi…
Berlin attracts many talented people. As shown in this infographic made in collaboration with Berlin Partner, more than 60,000 young people between the ages of 18 and 30 relocate to the German capital every year. There is an increased availability of t…
The Fed’s RRP slush fund drawdown will start next week.
Even though Delta Airlines’ financial results from the quarter ending September 30 surpassed analysts’ expectations with an operating revenue of roughly $9 billion and a net income of $1,2 billion, the airline still isn’t completely out of the weeds ye…
Back in September 2019, Bitcoin miners in China accounted for a massive 76 percent of all computer energy used in the mining of the cryptocurrency. Since the country’s crackdown on crypto though, the landscape has been dramatically changed. In the same…
Tests with driverless taxi services have been underway in China’s major cities, also called tier one cities, including Beijing and Shanghai. Still a novelty today, robotaxis are expected to experience a quick rollout in China’s main metropolises. Numbe…
Here’s the 2 hour bar chart on the ES S&P futures. Looks real bottomy from here. If they get clear of 4397, look out above. Next stop 4420, and wait to see how the pattern around there shapes up. Consolidation, or top.
Meanwhile, when w…
Monetary policy can be implemented through outright purchases or sales of securities, which permanently changes the size of the Federal Reserve’s System Open Market Account (SOMA) portfolio.
