Daily State of Money Flash

Submitted by Chris Ducret on Fri, 04/24/2020 - 01:53

Your Daily Money flash covering Interest Rates, Interbank rates and Repo Rate.

Interest Rate (%):                                                         0.25                                                    

Interbank Rate (%):                                                         1.04                                                    

Repo Rate (%):                                                         0.09                                                    

Mechanisms In The ETF Market, And How They Could Break

Submitted by Chris Ducret on Fri, 04/24/2020 - 01:46

Submitted by Peter Garnry of Saxo Bank

Summary: Many market participants with exposure in exchange traded funds (ETFs) tracking oil futures have been surprised by recent events - with yesterday's temporary trading halt in a major ETF tracking US oil futures as the latest. For traders with interest in ETFs it is important to understand the underlying mechanisms - especially for ETFs tracking derivatives.

Daily State of Money Flash

Submitted by Chris Ducret on Thu, 04/23/2020 - 00:55

Your Daily Money flash covering Interest Rates, Interbank rates and Repo Rate.

Interest Rate (%):                                                         0.25                                                    

Interbank Rate (%):                                                         1.1                                                    

Repo Rate (%):                                                         0.09                                                    

Daily State of Money Flash

Submitted by Chris Ducret on Tue, 04/21/2020 - 23:00

Your Daily Money flash covering Interest Rates, Interbank rates and Repo Rate.

Interest Rate (%):                                                         0.25                                                    

Interbank Rate (%):                                                         1.11                                                    

Repo Rate (%):                                                         0.09                                                    

The Next Major Battle Pits Restaurants Against Insurers

Submitted by Chris Ducret on Tue, 04/21/2020 - 19:28

Authored by Mike Shedlock via MishTalk,

A big lobbyist fight is underway in Congress. It pits restaurants against insurers.

Hard-hit restaurants press business-interruption claims even on policies that excluded pandemics.

For example, Wolfgang Puck does not have a pandemic policy.

It expects Congress to take care of it.

"The Hit Is Huge": Colleges Brace For 'Fatal' Blow Of Next Fall As Face-To-Face Instruction Uncertain

Submitted by Chris Ducret on Tue, 04/21/2020 - 02:03

Must read written by Diane Klein posted on Medium.

This is a message to all high school seniors (and their parents). If you were planning to enroll in college next fall — don’t.

1. No school will be “back to normal” in fall 2020.

Daily State of Money Flash

Submitted by Chris Ducret on Tue, 04/21/2020 - 01:13

Your Daily Money flash covering Interest Rates, Interbank rates and Repo Rate.

Interest Rate (%):                                                         0.25                                                    

Interbank Rate (%):                                                         1.11                                                    

Repo Rate (%):                                                         0.09