Ian Smith
@iankmsmith.ft.com
Senior Markets Correspondent at the Financial Times. Previously insurance, finance, stocks, pensions, you get the idea. This is my real account: I never promote crypto or any other investment Stories: https://www.ft.com/ian-smith Contact: ian.smith@ft.com
“If I were the Chinese authorities, I would say we can now claim to be the world’s safety asset.” China hoping to get more people into a CGB market that has been more resilient to recent inflation shocks. But investors point to worsening debt dynamics as a deterrent www.ft.com/content/0fe0...
China courts global investors with bond market tweaks
Building out market infrastructure is welcome but the country’s economic challenges could remain a deterrent
ft.com
My daughter’s university scrutinizes each essay for evidence of AI. The goal is to get a 0% score. This AI-hunting is done by… AI. A recent essay scored 17%. She questioned what the AI thought was AI, since she hadn’t used it. The answer: the uni-issued cover page showing student ID, faculty etc. 🤦🏻♂️
Top-drawer Unhedged newsletter on whither QT by @darama1.bsky.social www.ft.com/content/8bbc... (£, but not as costly as QT)
So… Tehran likely to demand fee to transit the strait; they have been given an even stronger incentive to develop a deterrent; the hardliners have been emboldened, again; economies have been hit; and we now face the risks of oil tankers navigating a mine-ridden waterway. Otherwise a big win!!
A work of art by @tobyn.bsky.social (and then he goes on to do peerless journalism) www.ft.com/content/7ff5...
once more for American friends
Ian Smith@iankmsmith.ft.com · yesterday“It’s not for soft power, it’s not for the greater good, so what is the US doing?" People rub their eyes at trader-turned-US Treasury secretary Scott Bessent, known for bets against the pound and the yen, turning his skills to defend... the yen... against the euro as.ft.com/r/12dda66e-8...
“It’s not for soft power, it’s not for the greater good, so what is the US doing?" People rub their eyes at trader-turned-US Treasury secretary Scott Bessent, known for bets against the pound and the yen, turning his skills to defend... the yen... against the euro as.ft.com/r/12dda66e-8...
my geopolitical theory is that this conflict will continue until people learn how to pronounce "Iran" properly www.ft.com/content/c9bd...
Iran denies Trump claim of imminent talks
US president had said negotiations would begin on Monday but Tehran denied the two parties were in talks
ft.com
These parakeets are crazy, why is no one talking about this. We are under attack 🦜
what are they up to? can it work? some Qs we flick at in our news story today...
Ian Smith@iankmsmith.ft.com · 2d ago✍️ 🗒️ To-do: Write About Japanese Yen (JPY) www.ft.com/content/5de2...
More activism from Bessent’s Treasury. interesting lil shift www.ft.com/content/0f9b... (£)
US Treasury undertakes historic intervention in yen market
New York Fed sells euros to buy yen following recent speculation that Tokyo intervened to support Japan’s currency
ft.com
SCOOP: The US has intervened in the yen market, selling euros and buying yen for the first time since 1998 www.ft.com/content/0f9b...
US Treasury undertakes historic intervention in yen market
New York Fed sells euros to buy yen following recent speculation that Tokyo intervened to support Japan’s currency
ft.com
Great piece by @tobyn.bsky.social including the Q we are all thinking about this Friday afternoon
The Bank of England gets with the programme on QT
Four years on, Threadneedle Street finally agrees with the market
ft.com
Scoop: Citadel buys large portion of $16bn book. SA will continue to run as small fund with private stake. PBs involved in deal were GS and JPM www.ft.com/content/5fb4...
Citadel buys large portion of Situational Awareness equity holdings
Leopold Aschenbrenner’s hedge fund suffered steep losses in recent days from tech sell-off
ft.com
“The jawboning that we have seen has [had] little sustained impact. That warrants action....” Investors warn Bank of Japan faces test to inflation-fighting credibility as.ft.com/r/41fc7faa-8...
Investors warn Bank of Japan faces test to inflation-fighting credibility
Friday’s meeting on interest rates will be closely watched for signs of future policy decisions
as.ft.com
You think you’re Maradona but maybe you’re Nani
Dario Perkins @darioperkins.bsky.social · 6d agoeveryone is citing "Maradona central banking". But Mervyn King had a deep disdain for markets. In his analogy, the market was a hapless England defender, falling at the feet of central-banker genius. Warsh is saying the opposite - that markets are omniscient
Fed's no-guidance going well... Kevin Warsh’s stripped-back Fed communication 'already backfiring', say investors as.ft.com/r/d3931d85-4... 300 clicks free
Big old steepening in the US yield curve as the Fed holds rates steady despite inflation threat www.ft.com/content/0f9a...
Max Stranger Things Run
ALT: Max Stranger Things Run
static.klipy.com
Who needs tech anyway? The plucky FTSE 100 rises to an all-time high www.ft.com/content/2e30...
FTSE 100 hits all-time high as ‘anti-tech’ index shines in global chip rout
Banks and oil companies power UK stocks’ rebound from Iran war sell-off
ft.com
Top South Korean policy makers apologise for single-stock leveraged ETFs reut.rs/4xey2DP
Top South Korean policy makers apologise for single-stock leveraged ETFs
Top South Korean policy makers apologised on Wednesday over the introduction of single-stock leveraged exchange-traded funds (ETFs), which have been blamed for intensifying a rout in the country's stock market.
reut.rs
