🇯🇵‼️💰📊📉 — 🏴 ZeroHedge | Bitcoin Is Crashing Ahead Of The Japan Open | Meanwhile BlackRock is buying that latest liquidation panic | August 04, 2024:

"Bitcoin, and the entire crypto universe, is crashing after yet another huge sell order was unleashed by a time-triggered algo, the same algo that has activated selling momentum on each of the past 7 trading days at 10am ET, just after the US cash open (a move meant to cripple any dip-buying intentions in early market trading), yet which algo was left on for the weekend, arguably to spark an HFT-driven pile up of selling and shorting, and to force levered longs to capitulate, ahead of the Japanese open where a bloodbath is expected to take place (see below). One can see the algo in action in the red boxes below: exact same time every day, exact same sell-momentum ignition.

(...)

Meanwhile, keep an eye on what Larry Fink and the rest of the ETF complex is doing. As we have observed on countless occasions, it has been Blackrock's favorite pastime to buy the dip created by the aggressive selling of futures by various HFT shops (and CZ hands) in hopes of increasingly cornering the crypto market, and the past week has been no different."

#Geoeconomics

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💸📉❗️ — Ethereum ($ETH) is down 20% following the downfall of Bank of Japan

💸📉❗️ — $366 million liquidated from the cryptocurrency market in the past 60 minutes.

🇯🇵‼️📉 Japan NIKKEI Index is down 6.5% at the opening, worst day in the last decade.

@FelipeChannel

🇯🇵‼️📉 Worst two-day in NIKKEI history btw

🇺🇸🪖📈❗️ — Lockheed Martin stock during the ongoing crisis at Bank of Japan and the prospects of War between the State of Israel and the Islamic Republic of Iran grows

🇰🇷📉❗️ — South Korea halts sell orders for program trading in Kospi market following Japan's economic downfall

🇯🇵📉 — 🇯🇵 NHK | Stock price drops by more than 2,500 yen at one point, almost completely declining | August 5, 2024:

"At the beginning of the week, on the 5th, the Tokyo stock market fell almost completely due to concerns about the economic slowdown in the United States, and the Nikkei Stock Average at one point fell by more than 2,500 yen.

In the New York market last weekend, the results of the US employment statistics were worse than the market expected, which further intensified concerns about the US economic slowdown, and stock prices fell sharply.

As a result, prices in the Tokyo market have fallen across the board since the start of trading.

In the Tokyo stock market on the 2nd of last week, the Nikkei average stock price fell by more than 2,200 yen at the closing price, the second largest decline in history, but stock prices continue to decline significantly."

#Geoeconomics

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🇺🇸🇯🇵🇪🇺📉‼️ Global Stock Rout Intensifies, Powering Bond Rally: Markets Wrap

A global stocks selloff deepened on Monday as concerns grew that the Federal Reserve is behind the curve with policy support for a slowing US economy, sending investors into the safety of bonds. Japanese shares plunged for a third day as traders priced in more domestic rate hikes.

Japan’s Topix index tumbled more than 7%, while the yen rallied over 1% on bets the Bank of Japan will keep raising interest rates after last Wednesday’s hike. Korean and Australian shares slid, while US futures declined by more than 1.5%. With investors concerned the US economy may be in for a hard landing, a rally in Treasuries sent yields to the lowest in more than a year.

https://finance.yahoo.com/news/japanese-stocks-tumble-leading-equities-002002021.html

@FelipeChannel

🇯🇵📉 — ✔️ TASS:

"❗️Shares of the three largest commercial banks in Japan are falling by 13-15%, as follows from trading data.‌‌

The Japanese Cabinet of Ministers does not comment on the market collapse, but is closely monitoring the situation, said Secretary General of the Japanese Cabinet of Ministers Yoshimasa Hayashi.‌‌"

#Geoeconomics

🇺🇸👎🔓🇻🇪 — Specialists from the Carter Center, invited by the Venezuelan government to observe the July 28 presidential elections, found no evidence of "hacking" of the electoral system, thereby debunking official claims of ballot manipulation by the opposition.

💬 Patricio Ballados, deputy head of the Carter Center's mission in Venezuela, told DW that the National Electoral Council (CNE) did not provide evidence of the alleged hacking and stated that sabotage was "practically impossible."

☄️ This report reinforces the conclusion that the elections "were not democratic."

🇻🇪🇻🇪❌🇨🇱 — Nicolás Maduro lashes out against the President of Chile, Gabriel Boric, accusing him of training Pinochetist fascists to carry out actions against his regime in Venezuela. These remarks were made during the 87th anniversary of the Bolivarian National Guard.

"All the videos, training centers, that the Pinochetists, the fascists of Chile, with the endorsement of the Chilean government, have a Venezuelan to train him for many of these terrorist actions. So we are confronting, containing, defeating, dismantling, and pulverizing a cyber-fascist-criminal coup.

And we must consolidate the path to victory that is already on the horizon, for the peace of the country and because we continue with the agenda that Venezuela needs!"

🇯🇵📉 — 🇬🇧 Financial Times | Asian shares tumble as traders brace for global volatility | Weak US economic data could push Fed into making rapid interest rate cuts | August 5, 2024:

"Japanese stocks plunged heavily on Monday, pitching the country’s major indices into their third straight session of massive declines as global markets shudder at the prospect of a US recession.

In a rout that produced declines on other Asian markets, Japan’s broad Topix index was down as much as 7.3 per cent, while the Nikkei 225, which on Friday suffered its biggest one-day fall since the 1987 crash, was down 5.9 per cent.

The sell-off in Japan, said traders in Tokyo, is likely to continue in Europe and the US. Investors are prepared for renewed volatility on fears that the Federal Reserve has been too slow to respond to signs the US economy is cooling and may be forced to cut interest rates."

#Geoeconomics

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🇯🇵📉 — 🇺🇸 Bloomberg | Forced Margin Selling Seen Exacerbating Japan Market Rout | Retail investors’ margin buying position reached 18-year high | Tax-free accounts had encouraged more Japanese to buy stocks | August 5, 2024:

"The swift downturn in the Japanese stock market likely triggered a massive wave of forced selling among retail investors, deepening the rout.

The Topix index plunged more than 7% with companies such as Mitsubishi Heavy Industries and Sumitomo Mitsui Financial diving more than 15%. The scale of selloff is such that some market players think individual investors are now being forced to dump stocks they had bought on margin.

Retail investors’ margin buying position rose to a 18-year high in late July even as the Nikkei slipped from its historic peak. Investors who have bought stocks using credit are often forced to close their positions when stock prices fall more than expected, unless they have enough extra cash for collateral to deploy."

#Geoeconomics

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🇨🇳🥇 PBoC Gold Conduit Revealed—Chinese Central Bank Did Not Stop Buying Gold in May

➡️The Chinese central bank desperately needs to diversify its foreign exchange reserves since the beginning of 2022. Since then, the PBoC secretly buys large amounts of gold.

➡️At the same time, export of large gold bars from the UK to China explodes.

➡️A “surplus” in the Chinese market appears, while the bullion is not to be found in SGE vaults. As if it has gone up in smoke.

➡️A source indicates that gold shipments for central banks are often included in customs data.

➡️There is a correlation between PBoC official buying and UK exports to China, suggesting the Chinese central bank buys gold in England’s capital and lets banks supervise transport (maybe because the PBoC reaches the limits of its own capacity to ship gold when volumes are sizable).

➡️It all points towards UK gold exports to China are destined for the PBoC—although probably not every ounce of these flows is for the Chinese central bank. Clearly, the PBoC is accumulating more gold than it wants to disclose.

➡️When the PBoC stated it had stopped buying gold in May 2024, after continuous purchases for 18 months, I didn’t believe it. The PBoC has few reasons to cease growing its gold reserves in the current geo-political and monetary landscape with a plethora of challenges.

https://www.gainesvillecoins.com/blog/pboc-gold-conduit-revealed-chinese-central-bank-did-not-stop-buying-gold-in-may

@FelipeChannel

#BREAKING:

🇹🇼‼️📉Taiwan's stock-market suffers worst day in 57 years!

@FelipeChannel