Central Banks Tell Markets: "You’re On Your Own Now"
Central Banks Tell Markets: "You’re On Your Own Now"
by Tyler Durden Sun, 09/20/2020
By Ye Xie, Bloomberg macro commentator
Three things we learned last week:
1. Major central banks prefer the status quo, for now.
The Fed and BOJ joined other major central banks, including the ECB, to stay put as the global economy recovers. The Fed signaled that rates will remain near zero through at least 2023, but stopped short of adjusting its QE program. Only the Bank of England bucked the trend, giving the strongest signal yet that it may wade into negative interest rates in preparation for a potentially messy Brexit.
Besides the BOE, the other central banks are following in the footsteps of China, which is a global leading indicator given that its economy emerged from the pandemic first. The PBOC’s policy stance has shifted to neutral since May, leading to a bond selloff. On Monday, it is expected to keep the benchmark loan prime rate steady for a fifth month.
Without additional monetary support, risky assets are left on their own now. It’s worth noting that China’s stock market has stood still since July. The lack of fiscal stimulus in the U.S. underscores the risk heading into the presidential election.
![China%20PMI%20leadership[1].jpg](https://images.squarespace-cdn.com/content/v1/5d5222a44813620001d89582/1602535926187-MQIPUDO53KW1RYVMQUW4/China%2520PMI%2520leadership%5B1%5D.jpg)
2. China’s bond flows have come into focus.
Chinese regulators decided last week to increase the flexibility for bond settlements, increasing the chance that FTSE adds China’s debt to its World Government Bond Index on Sept. 24. Goldman Sachs estimates that the inclusion would add $140 billion of inflows to the Chinese bond market over time. There’s likely to be a grace period of 12 months, so the immediate flow impact would be limited, even if FTSE decides in China’s favor this week.
Foreign inflows have been a key pillar for the appreciation in the yuan over recent months. Much of the argument for a strong yuan, including the growth and rate differentials, is still there. So far, the PBOC opted to not stand in the way of appreciation, but the yuan fixing will be closely watched to see if there’s any change in attitude
To continue reading, please go to the original article here:
https://www.zerohedge.com/markets/central-banks-tell-markets-youre-your-own-now
Insiders Buying Gold - Public is Next | Andy Schectman
Liberty and Finance: 9-16-2026
Andy Schectman warns that tightening global oil supplies could trigger another wave of inflation just as central banks face limited room to respond.
He argues that rising Treasury yields, declining confidence in U.S. debt and increasing gold purchases reflect a broader trend toward what he calls “detreasurization.”
Ariel: The September 15-30 Window Where it all Converges
9-16-2026
The Clarity Actual Factuals: The Red Bottom Line
The Clarity Act was never the timer.
The SEC was never waiting on Congress.
The RV was never waiting on the Clarity Act.
Good Afternoon Dinar Recaps,
SAUDI OIL SHIFT: RIYADH REROUTES CRUDE THROUGH OMAN AS PIPELINE DAMAGE REWIRES GLOBAL ENERGY FLOWS
Saudi Arabia is rerouting additional crude through Oman after damage to its East-West pipeline disrupted its Red Sea export route, creating a new test for global energy supply chains, shipping routes and financial stability.
Forget CBDCs: 5 Things you Need to Know about the New Financial System
Miles Harris: 9-16-2026
Forget CBDCs. The financial system is changing in much bigger ways. In this video I explain five changes that matter most, including tokenised money, digital ownership, collateral, financial permissions and why more of your balance sheet may become visible to the financial system.
The key question is no longer just what you own, but what you can access, move, pledge and control.
The global financial architecture is undergoing its most profound transformation since the abandonment of the gold standard.
Emailed to Recaps~ Thank you David
Reset Intelligence: However Long the Night.
By Reset Intelligence | @EXIT_FIAT
The US Senate said No to the CLARITY Act, and inside the same day the SEC chair confirmed the rules get written anyway.
And in Berlin, Iraq's prime minister signed 14,000 megawatts of new power with Siemens Energy, then told his country: however long the night, it births a sun.
GP Q: Why the Clarity Act Matters to Currency Holders
9-16-2026
CLARITY ACT — WHY IT MATTERS TO CURRENCY HOLDERS
The Senate did fail to advance the CLARITY Act today. The cloture vote was a procedural step requiring 60 votes; it was not a final vote declaring the bill d**d forever.
WHAT WE KNOW: The bill concerns regulation of digital assets, including SEC/CFTC jurisdiction.
Good Morning Dinar Recaps,
FED RATE DECISION: FIRST HIKE SINCE 2023 COULD RESET THE OUTLOOK FOR INFLATION, DEBT AND THE DOLLAR
The Federal Reserve is expected to raise interest rates for the first time since 2023 as persistent inflation, oil prices above $100 and elevated Treasury yields create a new challenge for U.S. monetary policy, government debt and the dollar.
ADNOC Snaps Up Discounted Iraqi Crude
2026-09-15 16:31 Shafaq News- Baghdad Abu Dhabi National Oil Company (ADNOC) has bought millions of barrels of discounted Iraqi crude, becoming the largest lifter of Iraqi oil in August and September as Baghdad sought to restore exports disrupted by the Iran war, Reuters reported on Tuesday, citing three sources familiar with the matter.
TNT:
Tishwash: Al-Zaidi concludes his European tour, returning to Baghdad
Prime Minister Ali Faleh al-Zaidi concluded his official visit to the German capital, Berlin, on Tuesday, returning to Baghdad.
The Prime Minister’s Media Office stated in a statement that “Prime Minister Ali Faleh al-Zaidi concluded his official visit to the German capital, Berlin, and is returning to Baghdad.”
Prime Minister Ali Faleh al-Zaidi began his European tour on Sunday, September 13, 2026, with an official visit to the French capital, Paris, at the invitation of French President Emmanuel Macron, before heading on Tuesday, September 15, to the German capital, Berlin, to complete his tour.
Oil Rises On Saudi Supply Disruption Concerns
2026-09-15 01:32 Shafaq News Oil prices rose on Tuesday as concerns over supply disruptions persisted after attacks on Saudi Arabian energy infrastructure left the kingdom's East-West pipeline offline and cast doubt on efforts to ease shipping risks in the Gulf.
This Week Could Be HUGE For Dinar & Crypto
The Dinar Den: 9-14-2026
We are currently witnessing an extraordinary alignment of economic milestones, particularly within a pivotal forty-eight-hour window.
This crucial period brings together the upcoming vote on the Clarity Act in the United States Senate, the drafting of Iraq’s 2027 federal budget, and the Federal Reserve’s highly anticipated decisions regarding interest rates.
These events are not happening in isolation; rather, they represent a convergence of domestic policy, international legislative updates, and global monetary strategy that could collectively influence the future value and utility of the dinar.
TNT:
Tishwash: Al-Zaidi's consultation with the head of Rothschild Bank on expanding Iraq's cooperation with international financial institutions
The Iraqi Prime Minister and the head of the Rothschild Bank met in Paris and discussed ways to expand Iraq's cooperation with international and global banks and financial institutions.
Iraqi Prime Minister Ali Falih al-Zaidi met and held talks with Edouard de Rothschild, chairman of the Rothschild Bank, at his residence in Paris, the capital of France, on Monday.
"The Baghdad Dinar Is Disappearing... Close The Borders!" The Final Solution Is To Abolish Iraq's Paper Currency!
2026-09-15 | Baghdad - Perhaps no country in the world has abolished paper currency, but amidst the anxiety surrounding discussions in the local market and among banks—both those sanctioned and those not—within an economy mired in a ceaseless war, an Iraqi expert and academic believes that the chaos plaguing the financial market necessitates the "complete abolition of paper currency" and its conversion into a bank card for every citizen.
"Grow Our Way Out of Debt” Is Code for Inflation
Notes From the Field By James Hickman (Simon Black / Sovereign Man) September 14, 2026
Last week, Treasury Secretary Scott Bessent sat down for a fireside chat at Southern Methodist University in Dallas and told the room what the plan is for the national debt.
"We don't have a revenue problem," he said. "We have a spending problem." Contain the spending, add 3% growth, and America can "grow our way out of this."
Exclusive | News of the dollar cutoff in Iraq fuels speculation and raises the exchange rate
September 16, 2026Last updated: September 16, 2026
The Independent - The Iraqi market has witnessed a new wave of increases in dollar exchange rates in recent days, coinciding with a significant increase in demand for the US currency, amid a state of anxiety fueled by news circulating about the possibility of imposing new restrictions on dollar flows to Iraq in the coming period.