Bloomberg: First Republic Set to Get $30 Billion of Deposits in Rescue – JPMorgan, Citi, BofA among big banks that would contribute. pic.twitter.com/nPgRDtCG7C

— Market Rebellion (@MarketRebels) March 16, 2023

https://twitter.com/nickgerli1/status/1636452265467805696

White House: US Tsy Is In Touch With Swiss Counterparts Over Credit Suisse
-: Will Have More To Say On Deposit Regulatory Changes In Next Few Days

— LiveSquawk (@LiveSquawk) March 16, 2023

For the Biden administration and Congress, the problems facing Credit Suisse have nothing to do with the US economy https://t.co/DFltvSg9a7

— Bloomberg Economics (@economics) March 17, 2023

Weekly Initial Unemployment Claims decrease to 192,000 https://t.co/3wmEc6MnLP pic.twitter.com/rkStWAUA5E

— Bill McBride (@calculatedrisk) March 16, 2023

US Atlanta Fed GDPNow Q1: 3.2% (prev 3.2%)https://t.co/GIJHH30kip pic.twitter.com/myDXm2petp

— LiveSquawk (@LiveSquawk) March 16, 2023

Housing Starts Increased to 1.450 million Annual Rate in February https://t.co/x5EOUU6WD9 pic.twitter.com/tAHnrcRKoS

— Bill McBride (@calculatedrisk) March 16, 2023

Realtor. com Reports Weekly Active Inventory Up 61% YoY; New Listings Down 16% YoY https://t.co/21FwvKVifq pic.twitter.com/u0kX9uaGVn

— Bill McBride (@calculatedrisk) March 16, 2023

Fed Discount Window Borrowing Soars To All-Time High
– Discount Window Loans Jump To $152.9 Bln In Week To March 15
– Banks Borrow $164.8 Bln From Fed Facilities In Week To March 15
– Banks Borrowed $11.9 Bln From New Loan Facility From Sun-Wed

— LiveSquawk (@LiveSquawk) March 16, 2023

🇺🇸 The emergency loans reversed around half of the balance-sheet shrinkage that the #Fed has achieved since it began so-called QT in June last year – Bloomberg
*$152.85 billion in borrowing from the discount window
*Other credit extensions totaled $142.8 billion during the week. pic.twitter.com/0SJvDiq98N

— Christophe Barraud🛢🐳 (@C_Barraud) March 17, 2023

The "Fed Put" is back with assets on their balance sheet increasing $297 billion over the last week, the largest spike higher since March 2020. Thus nearly half of the Quantitative Tightening since last April was undone in a single week. pic.twitter.com/3Nk4J4Sxku

— Charlie Bilello (@charliebilello) March 16, 2023

Fed Seen Delivering Quarter-Point Rate Hike Next Week – RTRS https://t.co/L0BPqi8we4

— LiveSquawk (@LiveSquawk) March 17, 2023

US says video of a Black Sea encounter between a US drone and Russian warplanes shows that Moscow is lying about what happened.

Watch the video here ⬇️ https://t.co/n54yvED1BO

— Bloomberg Economics (@economics) March 17, 2023

🇰🇷 Korean authorities to introduce measures to bolster capital at banks – Pulsehttps://t.co/Y1CONJv6ml

— Christophe Barraud🛢🐳 (@C_Barraud) March 17, 2023

Australia’s financial stability is sound as its banks remain well capitalized, allowing the central bank to stick with policy tightening, according to Alex Joiner, chief economist at one of the nation’s biggest asset managers https://t.co/9ZOMwcU9RG

— Bloomberg Economics (@economics) March 17, 2023

🇯🇵 #Japan says closely coordinating with #BOJ, overseas authorities on banking issues – Reutershttps://t.co/ZNaCLaIzDK

— Christophe Barraud🛢🐳 (@C_Barraud) March 17, 2023

JUST IN: The Bank of Japan, Finance Ministry and Financial Services Agency plan to meet for the first time since September on Friday evening to discuss markets after the collapse of SVB https://t.co/hNnaxiY8Ve

— Bloomberg Economics (@economics) March 17, 2023

China’s reopening is showing its first tangible signs of progress in boosting global shipments, Bloomberg’s Trade Tracker shows https://t.co/HIRmAuC5MV

— Bloomberg Economics (@economics) March 17, 2023

Japan's Labour Unions Confirm Three-Decade-High Wage Hikes Of 3.8% – RTRS https://t.co/w3G2Guasvl

— LiveSquawk (@LiveSquawk) March 17, 2023

China’s short-term borrowing costs are climbing back toward a two-year high, fueling expectations the central bank will respond with increased cash injections https://t.co/mt6gx4rStI

— Bloomberg (@business) March 16, 2023

PBOC conducts 180 billion yuan of 7-day RRP, and as 15 billion yuan mature today, the central bank injects a net of 165 billion yuan into the open market.
The net injection for this week comes to 712 billion yuan considering the MLF move.#China #liquidity https://t.co/1BwIvX4DOV

— CN Wire (@Sino_Market) March 17, 2023

🇨🇳 #CHINA #PBOC REITERATES PRUDENT, FORCEFUL MONETARY POLICY – BBG
*People’s Bank of China will cut the reserve requirement ratio on March 27, the central bank says in a statement.

— Christophe Barraud🛢🐳 (@C_Barraud) March 17, 2023

#China central bank: Will keep growth of money supply and social financing basically in line with growth of nominal economy. Will refrain from flood-like stimulus.$CNH $CNY

— CN Wire (@Sino_Market) March 17, 2023

The details of China's currency management matter more to folks following China than to the global economy right now.

But there isn't much doubt (from the Jan PBOC balance sheet data and the Feb FX settlement data) that China is currently adding to its f. assets

1/2 pic.twitter.com/4p3YvIhD5f

— Brad Setser (@Brad_Setser) March 16, 2023

1/5
The PBoC's holdings of US Treasury securities fell to US$859.4 billion, hitting a 14-year low, but while this seems to imply that Chinese exposure to USD is declining, in fact the opposite is more likely true.https://t.co/FCewJyszQv via @scmpnews

— Michael Pettis (@michaelxpettis) March 16, 2023

Australia Will Raise Rates Further, IFM Says, Downplaying Risks – BBGhttps://t.co/ImfvLJLHqh

— LiveSquawk (@LiveSquawk) March 17, 2023

Chinese leader Xi Jinping will travel to Moscow on a state visit next week, his first trip to Russia since it invaded Ukraine https://t.co/YPpPQEpOoL

— Bloomberg Economics (@economics) March 17, 2023

Japan plans to lift restrictions on exports of key semiconductor materials to South Korea, in a move toward ending a feud that has spanned several years between the two tech powerhouses https://t.co/NpePrX03Z5

— Bloomberg Technology (@technology) March 17, 2023

Chinese Companies Are Shipping Rifles, Body Armor To Russia – @politico https://t.co/uljwGcIilS

— LiveSquawk (@LiveSquawk) March 16, 2023

Another chaotic week for banks marks the end of an era for the global economy: @johnauthers & @isabelletanlee https://t.co/zNbpnAbBBm via @opinion pic.twitter.com/W9oL6hgRTk

— Zoe Schneeweiss (@ZSchneeweiss) March 17, 2023

UK Businesses Mull Moving Cash After SVB Chaos – RTRShttps://t.co/QQW2k3DiA3

— LiveSquawk (@LiveSquawk) March 17, 2023

ECB's Villeroy: Rate Hike Signals Strong Confidence In European Banks – RTRS https://t.co/lgLbCJlgYT

— LiveSquawk (@LiveSquawk) March 17, 2023

ECB’s Guindos Told Ministers Some EU Banks May Be Vulnerable – BBG https://t.co/TOnk45JXjB

— LiveSquawk (@LiveSquawk) March 16, 2023

EU to speed up work on rules for failing banks in response to US crisis https://t.co/e8Ix4L9RXI

— Finance News (@ftfinancenews) March 15, 2023

UK Treasury and BOE diverge by £112 billion on economic outlook https://t.co/VprzgBdL9P pic.twitter.com/szWp6lkUV9

— Zoe Schneeweiss (@ZSchneeweiss) March 16, 2023

ECB Not Done Hiking, Inflation Risk Still To Upside, Simkus Says – BBG https://t.co/YjHBvWtAuV

— LiveSquawk (@LiveSquawk) March 17, 2023

ECB Needs To Keep Raising Rates As Core Inflation Is Sticky: Kazimir – RTRS https://t.co/3yTqlryemz

— LiveSquawk (@LiveSquawk) March 17, 2023

Danish central bank raises interest rates to mirror the ECB hike https://t.co/Jglyf9p3aN via @CHRWIENBERG pic.twitter.com/qiNE0CSAIF

— Zoe Schneeweiss (@ZSchneeweiss) March 17, 2023

https://twitter.com/C_Barraud/status/1636356105579253764

🇪🇺 *LAGARDE: #ECB DECIDED WITH `VERY LARGE MAJORITY' – BBG
*LAGARDE: 3-4 MEMBERS DIDN'T SUPPORT ECB DECISION

— Christophe Barraud🛢🐳 (@C_Barraud) March 16, 2023

Today forward guidance is dead for good, which was also expected before SVB anyway. No point in committing to future decisions, only downside. https://t.co/I0znX5OVkY

— Frederik Ducrozet (@fwred) March 16, 2023

“Let me reassure you, we are determined to fight inflation and return it to 2%,” says European Central Bank President Christine Lagarde as she reiterates the central bank’s data-dependent approach to monetary policy https://t.co/HGSrNemaJZ pic.twitter.com/5wRRWo464R

— Bloomberg TV (@BloombergTV) March 16, 2023

#ECB Staff Macroeconomic Projections For The Euro Area, March 2023https://t.co/zLlPIIzhMn pic.twitter.com/RYceVZpTl0

— LiveSquawk (@LiveSquawk) March 16, 2023

Goldman Sachs Cuts ECB Rate Hike Forecast To 25Bps In May – RTRS https://t.co/lXXQuL3xwp

— LiveSquawk (@LiveSquawk) March 17, 2023

Italian PM Meloni has started a sweeping overhaul of the country’s byzantine tax system, which will include a reduction in the number of income tax brackets https://t.co/HhCmJCv0eD

— Bloomberg Economics (@economics) March 17, 2023

Macron’s pension push may herald the end of his domestic agenda https://t.co/IEuwRzuJ2T via @SamyAdghirni @Alanrkatz pic.twitter.com/YwT2cfq7E3

— Zoe Schneeweiss (@ZSchneeweiss) March 16, 2023

German Minister To Visit Taiwan Despite Berlin’s Push For Dialogue With Beijing – FT https://t.co/cqhDNmJvhg

— LiveSquawk (@LiveSquawk) March 17, 2023

Turkey nears ratification of Finland’s accession into NATO https://t.co/5kgmha97vB

— Bloomberg (@business) March 17, 2023

Get the latest news and headlines from the war in Ukraine https://t.co/H9pCEg0Dt6

— Bloomberg Economics (@economics) March 17, 2023

⚠ #WeekAhead: Week 11 (2023) ⚠

🇪🇺 #ECB Meeting
🇺🇸 🌎 #SVB Fallout
🇺🇸 U.S. CPI
🇬🇧 UK Budget
🇨🇳 Chinese Data
🌎 #OECD Outlook
…https://t.co/wjVpO2uKyU

— Christophe Barraud🛢🐳 (@C_Barraud) March 13, 2023