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
The Dollar Is Being Quietly Dismantled Ft. Andy Schectman
Kinesis Money: 10-26-2026
In this week’s Live from the Vault, Andrew Maguire is joined by Andy Schectman to discuss how the dollar’s reserve status is being quietly dismantled, as sovereign buyers accumulate gold at a pace that is leaving Western investors far behind.
The two experts examine why physical silver remains the most undervalued asset in the current monetary environment, and what is quietly building inside the US financial system that most investors have yet to recognise - or prepare for.
TNT:
Tishwash: An economist warns of a "cost of living setback" due to exchange rate volatility.
Economic expert Abdul Rahman Al-Mashhadani warned on Monday of the significant negative repercussions of exchange rate instability and the current market turmoil. He emphasized that relying on stopgap solutions and manipulating the currency directly harms citizens' purchasing power and is detrimental to the economy.
In a statement to the Information Agency, Al-Mashhadani said, "The true salvation of the Iraqi economy does not lie in changing the exchange rate or raising the price of the dollar, as these measures may provide quick and temporary liquidity to the state treasury, but they do not constitute financial reform in themselves without comprehensive strategic plans."
Good Afternoon Dinar Recaps,
GLOBAL CURRENCY RESET WATCH: DOLLAR STRENGTHENS AS YUAN HOLDS NEAR FOUR-YEAR HIGH
The dollar is gaining ground ahead of major central-bank decisions while China’s yuan remains near a four-year high, highlighting the competing forces shaping global currency markets.
Ariel: Ripple is Becoming a Bank
10-26-2026
This Is Extremely Huge & Important:
The USOCC granting a National Trust Charter to Ripple is not about “crypto legitimacy.” It is about giving the US government a compliant stablecoin issuer with federal supervision that can be weaponized for the currency conversion operation.
RLUSD is not a competitor to USDC or USDT. It is the enforcement mechanism.
TIER 4B – ISO 20022: BRICS Settlement Rails are Live
10-27-2026
FINAL HOURS: THE BRICS SETTLEMENT RAILS ARE LIVE
A sovereign trade coordination office sent an internal settlement confirmation through the encrypted channel.
It said: “BRICS rails live. 41 nations. First settlement cleared in Rainbow Units. 19:00 UTC.”
Emailed to Recaps~ Thank you David
Reset Intelligence: Washington Approves Ripple's Trust Bank.
By Reset Intelligence | @EXIT_FIAT
On Monday the US bank regulator gave final approval to Ripple National Trust Bank, putting the company behind XRP inside the federal banking system. The bank will manage the reserves behind Ripple's dollar token, RLUSD, and offer custody of digital assets once it opens.
The same day in Baghdad, Iraq's 2027 budget slipped again, this time to November 15.
Oil Prices Dip Amid Iran Peace Efforts
2026-10-27 01:24 Shafaq News Oil prices edged lower on Tuesday as the potential for a resolution in the US-Israeli war on Iran kept supply fears at bay, but Brent stayed close to six-month highs as attacks on Saudi Arabia lowered hopes of immediate stability in the region.
Brent crude futures were down 66 cents, or 0.57%, at $115.15 a barrel as of 0000 GMT, while US West Texas Intermediate crude was down 44 cents, or 0.43%, at $101.32.
Good Morning Dinar Recaps,
GLOBAL CURRENCY RESET WATCH: DOLLAR STRENGTHENS AS YUAN HOLDS NEAR FOUR-YEAR HIGH
The dollar is gaining ground ahead of major central-bank decisions while China’s yuan remains near a four-year high, highlighting the competing forces shaping global currency markets.
Iraq Sells 10M Oil Barrels At Discounted Prices
2026-10-25 08:26 Shafaq News- Washington/ Baghdad Iraq recently sold 10 million barrels of oil at discounts of $25 to $28 per barrel through its southern ports, Iraqi sources told the Washington-based energy platform Al-Taqa on Sunday. Indian companies purchased most of the shipments, which were loaded several days earlier, sources said.
Foreign Countries Keep Buying Gold. Just Not In The US
Notes From the Fild By James Hickman (Simon Black / Sovereign Man) October 26, 2026
One of the most humiliating episodes in Chinese history came in April 1895 after China lost the Sino-Japanese war. Japanese negotiators forced their Chinese counterparts to pay out the nose— one of the heaviest war indemnities of all time; it totaled 38 million British pounds, roughly three times what the Japanese government spent in a year. Today that would be roughly $2.2 TRILLION.
The Unraveling that Triggers Biggest Market Reset Ever
David Lin: 10-25-2026
Peter Grandich warns of mounting stock market risks as the AI bubble unravels, oil prices surge, and U.S. debt pressures grow, while discussing the possibility of a historic market crash and opportunities in gold and copper.
At the heart of the current market anxiety are mounting geopolitical tensions in the Middle East, particularly concerns surrounding possible renewed conflicts involving Iran.
We Could be Entering the Era of Digital and Banking Lockdowns
Stern Drew: 10-26-2026
WE COULD BE ENTERING THE ERA OF DIGITAL AND BANKING LOCKDOWNS
Two Warnings Just Came Today That Should Terrify the World.
First, Indian Prime Minister Modi openly warned today that modern wars can destroy nations by targeting their economies and banking systems through cyberattacks.
Iraq Sells 10M Oil Barrels At Discounted Prices
2026-10-25 08:26 Shafaq News- Washington/ Baghdad Iraq recently sold 10 million barrels of oil at discounts of $25 to $28 per barrel through its southern ports, Iraqi sources told the Washington-based energy platform Al-Taqa on Sunday. Indian companies purchased most of the shipments, which were loaded several days earlier, sources said.
Good Afternoon Dinar Recaps,
GLOBAL ASSET RESET WATCH: GOLD REBOUNDS ABOVE $4,000 AS OIL EASES BEFORE FED DECISION
Gold has recovered above $4,000 as easing oil prices relieve some inflation pressure, but Federal Reserve policy and geopolitical uncertainty continue to influence global markets.
Gold Steadies Near $4,000 as Oil Eases and the Fed’s Biggest Week Begins
Published: 10-26-2026,
Gold is holding just above $4,000 an ounce on Monday. That’s a partial comeback from last week’s slide to its lowest level since mid-July. Oil prices are pulling back today, and that’s taking some pressure off the metal. The relief comes right before Tuesday’s start to the Federal Reserve’s two-day policy meeting. Silver isn’t holding up as well. It’s giving back an early morning gain and trailing gold into the decision, and that’s pushed the gold-silver ratio to its highest level in months.