In today’s briefing:
- Global Liquidity On The Rise: Is This Gold’s (And BitCoin’s) Breakout Moment?
- FSS Provides Further Details of Korean Companies That Plan to Change Dividend Payout System in 2024
- Gold Soars to Record High on Rising Rate Cut Expectations
- Great Game – War over Oil… In LatAm?
- Out of the Box #25: Europe. From Technical Recession to an Real One?
- CX Daily: Chinese Nickel Miners In Indonesia Face Threat From Falling Prices
Global Liquidity On The Rise: Is This Gold’s (And BitCoin’s) Breakout Moment?
- High street inflation could fall in 2024 and real interest rates stay high, but the gold price and BitCoin (BTC$) may still break higher
- Gold has a 1.5-1.6 times sensitivity factor to the growth in Global Liquidity. BitCoin is a whopping 5 times this! It is ‘exponential gold’
- Global Liquidity looks set to double in size over the next decade driven by soaring World debts. Alongside, the US dollar has been eclipsed as the marginal World reserve asset
FSS Provides Further Details of Korean Companies That Plan to Change Dividend Payout System in 2024
- FSS provided further details as to the number of Korean companies that plan to change their dividend payout system to their shareholders in 2024.
- There are 636 companies out of a total 2,267 listed companies in Korea (28%) that have confirmed that they will change their dividend payout system starting 2024.
- As listed companies set different voting rights and dividend record dates from the end of the year, investors need to check the dividend record date and dividend amount before investing.
Gold Soars to Record High on Rising Rate Cut Expectations
- Continued central bank buying, geopolitics, and de-dollarisation concerns have kept gold prices buoyant over the last two years.
- Gold has been at record high in non-USD terms for some time now. On 4th Nov, it rallied to an all-time high of USD 2,135 per troy ounce.
- Not just gold, but digital gold (“bitcoin”) also rallied to its highest in 20 months as excitement of rate cuts captured the zeitgeist of investors.
Great Game – War over Oil… In LatAm?
- Welcome to this week’s geopolitical round-up.
- We’ll have a look at the most recent events of which we have seen quite a few! In a surprisingly self-assured and bold move, Venezuela moved troops close to the Guyanan province of Essequibo, seemingly preparing for a full-scale invasion.
- Guyana has been the center of attention for the oil business in recent years after the discovery of significant oil reserves in the Essequibo province.
Out of the Box #25: Europe. From Technical Recession to an Real One?
- The Eurozone is on the brink of recession but with rates front-running the ECB we may see some odd patterns as the bullwhip reverses while the weakness spills over to the service sector.
- The ECB needs to go on the front foot to avoid a recession or the impact of higher real incomes and FCI easing has to surprise big time (which we find unlikely).
- Either way EUR duration still has further to go and we remain long- soft landing cuts or emergency cuts should leave the long end lower.
CX Daily: Chinese Nickel Miners In Indonesia Face Threat From Falling Prices
- Nickel / Cover Story: Chinese nickel miners in Indonesia face threat from falling prices
China-EU /: Xi to meet EU leaders in Beijing for first in-person summit in four years
Obituary /: Pioneer who helped set up China’s capital markets dies
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
