Do Central Banks Have Control?
Real Vision: Finance & Investing
Real Vision
4.1 • 1.1K Ratings
🗓️ 27 October 2022
⏱️ 36 minutes
🔗️ Recording | iTunes | RSS
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| 0:00.0 | Hi, everyone. Welcome to a special edition of the Daily Briefing live from New York City |
| 0:12.9 | with a very special guest, the one and only, Weston Nakamear, our global markets editor |
| 0:18.2 | who joins us all the way from Tokyo. Hi, Weston. Good morning from Tokyo. Oh, I'm sorry. |
| 0:25.3 | In real life, we're actually sitting together for a change. Wow. It's actually like daytime |
| 0:29.8 | and it's market close. How about that? Yes. And hopefully you got some sleep because |
| 0:33.0 | usually we're talking to you in the middle of the night when you've been up all night. |
| 0:36.2 | Yeah, I don't know. Night, day, PMAM. Well, it's going to be super fun to be able to do this |
| 0:42.4 | in person. But before we get started, remember two days left for our special crash offer. |
| 0:47.7 | So you want to jump on it. The QR code is going to be on the bottom of the screen. So go |
| 0:52.0 | ahead and check it out. Okay. So everyone is, we had GDP out in the US today. Everyone's |
| 0:58.6 | trying to game with the feds doing. But my question for you is, are we paying enough attention |
| 1:03.6 | to the other central banks around the world because we did have movements elsewhere? |
| 1:08.3 | We did. We as a new and I probably probably not actually know. So we had ECB. I know you |
| 1:15.3 | are. Should the rest of us be paying more attention? I am attempting to. I don't think I |
| 1:19.7 | am successfully, but yeah, ECB was today too. There's really kind of weird how under the |
| 1:25.8 | radar that went to leading off to the ECB itself. Sorry about bass points. And then the |
| 1:31.8 | year old is now last I checked is actually below parity, crack below parity. And Bank of Japan |
| 1:37.0 | is small. And the Bank of Japan being the significance of the Bank of Japan is, first |
| 1:44.0 | of all, you do have, I can't believe this is still a trade, but the Widowmaker on shorting |
| 1:50.4 | JGBs is still on and you have open interest on JGB futures at I think it's even like a |
| 1:58.2 | pre start of obonomics highs. I might be wrong about that, but it's like right around that |
| 2:02.5 | level. So it's, you know, it's a lot of positioning. But the focus is going to be on the currency |
... |
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