dChan - Q Origins Project Archive

PlaneFaggin’: Gulf/Europe activity

Gulf

>>21052037 pb

SAM168 C40BJCOS relatedarrived at Doha, Qatar -Al Udeid AB from last night’s MacDill AFB (CENTCOM) depart w/ a fuel stop at Shannon, Ireland

Europe

Saudi AF SRA836 787Ministry of Financearrived at London-Gatwick from Jeddah/Riyadh depart

Saudi Crown Prince Demands Netanyahu Face Criminal Charges for Gaza

https://gvwire.com/2024/06/19/watch-saudi-crown-prince-demands-netanyahu-face-criminal-charges-for-gaza/

C101 US Coast Guard G5 departed Stuttgart Intl (AFRICOM) after an overnight-inbound from Manama, Bahrain yesterday

SPAR95 C40C left Innsbruck and went to Chievres AB, Belgium for a stop then to Ramstein AFB

Belgium AF BAF73 Falcon 7x to Brussels, German AF GAF688 Global 5000, Dutch AF NAF11 G650 to Rotterdam-all three departed Milan Malpensa Intl

Sweden AF SVF678 G4 Stockholm to Brussels

Hungary AF HUAF584 Falcon 7x on ground at Berlin from Stuttgart stop and Budapest depart earlier

Dutch AF SPYTZ Fokker 70 departed Rzsesow Airport after arriving yesterday n 0617 from Lublin Airport

They moving Zelensky around or on a visit??

Swiss AF SUI592 Challenger 600 departed Warsaw SW-stop at Poznań prior and back to Berne/Belp Airport

Seoul, Warsaw aim for follow-up deals for supply of Korean

https://m.koreatimes.co.kr/pages/article.asp?newsIdx=377118

>>21054794

Swiss National Bank presses ahead as rate cutting front-runner

Rate cut follows prior 25 bps cut in March
Most analysts had forecast the cut
SNB sees inflationary pressures falling
Swiss franc eases, stocks rise after the move

The Swiss National Bank cut interest rates on Thursday for the second time running, pointing to easing price pressures that allowed it to maintain its position as a front-runner in the global policy easing cycle now underway.

The Swiss franc weakened against other currencies and stocks gained after the central bank cut its policy rate by 25 basis points to 1.25%, as expected by two-thirds of analysts polled by Reuters, following a quarter-point reduction in March. The SNB's decision had been finely balanced, given a recent rebound in economic growth and a break in the trend of gently falling inflation in Switzerland.

"The underlying inflationary pressure has decreased again compared to the previous quarter," SNB Chairman Thomas Jordan said. "With today's lowering of the SNB policy rate, we are able to maintain appropriate monetary conditions." Jordan pointed to the SNB's inflation forecasts, which were tweaked downwards and enabled the reduction in interest rates. Even at the furthest end of its forecasts - covering the first quarter of 2027 - the SNB now expects inflation at 1.0%, well within its 0-2% target range. The recent rise of the Swiss franc, driven by rising political uncertainty in Europe pushing investors towards the safe haven currency, was also highlighted by Jordan.

The franc has gained 4.5% against the euro in the past month on political concerns, including the upcoming French elections, which could see the far right win power. The SNB was paying close attention, Jordan said.

“We are ready to be active on the foreign exchange market and that can go in both directions,"he told reporters.

https://www.reuters.com/markets/rates-bonds/swiss-national-bank-continues-rate-cuts-says-inflation-eased-again-2024-06-20/

https://tradingeconomics.com/switzerland/currency

Anonymous ID: c0c5b2 June 20, 2024, 7:03 a.m. No.21054852 🗄️.is 🔗kun >>5108

>>21054842

>>21054770

RCAF CFC2922 C130j Super Hercules on ground and just landed at Rzeszow Airport for stop & drop from NB Rota, Spain

>>21054770

JAKE17 Rivet Joint up north above Norway earlier-heading back to Mildenhall

Raging bulls push world stocks to fresh record high

Wall Street returns from day off at record high
Sterling slips as Bank of England edges toward rate cut
Swiss franc drops too as its central bank cuts again >>21054831

Wall Street's raging Nvidia bulls stretched the run of record highs for global stocks on Thursday after Europe had cheered as Switzerland chopped its interest rates again and the Bank of England hinted it could start cutting soon too.

U.S. traders returned from a day off by pushing chip giant Nvidia which has just overtaken Microsoftas the world's most valuable company - up another 3% in early dealing. It had been already been an action-packed day for Europe. The BoE kept UK rates at a 16-year high of 5.25%, but said the decision not to cut had been "finely balanced", wording economists took as a signal an August cut was on the table.

The Swiss National Bank did not need to wait. It cut its interest rates for a second time this year, which knocked the Swiss franc, while Norway's Norges Bank left rates unchanged, as expected. Wall Street's early rise saw the MSCI All-World index hit a new all-time high for the second day running and take its rally this year to almost 11%.

In Europe, the FTSE 100 was up 0.5% near its highs of the day and the pound was down 0.2% at $1.2688 against the dollar after the BoE. The regional STOXX 600 and the euro were respectively up and down by roughly the same too. The stars have been aligning for a UK rate cut. Data this week showed consumer inflation fell to 2% for the first time since 2021 in May, although service-sector price pressures and wage growth are still running hotter than the BoE would like. With the pound under pressure, the dollar index , which measures the U.S. currency against six others, rose 0.2% to 105.39.

Gold , which tends to perform well in an environment of lower rates, was up 0.6% at $2,339 an ounce, having touched its highest since the start of June earlier on.

A surge in tech stocks on Tuesday lifted AI chipmaker Nvidia above Microsoft as the world's most valuable company, leading to a global rally in tech shares. With U.S. markets having been closed for a holiday on Wednesday, the early gains on Thursday lifted the tech-heavy Nasdaq 100 up 0.6% and the S&P 500 up 0.4% to its own all-time high.

https://www.reuters.com/markets/global-markets-wrapup-1-2024-06-20/