Rubrics Morning Comment 20.02.26
20th February 2026
• US Trade Deficit Widens, Capping One of Biggest Since 1960 • UK Posts Biggest Ever Budget Surplus as Tax Revenue Surges • UK Retail Sales Begin Year With Fastest Growth in 20 Months • Japan’s Takaichi Aims to Hit Growth Button With Markets on Board more
Rubrics Morning Comment 19.02.26
19th February 2026
• Fed Reveals Surprise Shift as Several Officials Ponder Hike • US Core Capital Goods Orders Exceeded Forecast in December • Early Lagarde Exit Set to Narrow Field in Race to Lead ECB • Starmer Seeks New Money to Accelerate Defense Spending Uplift more
Rubrics Morning Comment 18.02.26
18th February 2026
• Lagarde to Leave ECB Before End of 8-Year Term, FT Says • UK Inflation Falls to 10-Month Low as BOE Mulls Further Cuts • UK Unemployment at 5-Year High Paves Way for More BOE Rate Cuts • Canada Inflation Edges Down to 2.3% as Gasoline Prices Fall more
Rubrics Morning Comment 17.02.26
17th February 2026
· Euro-Area Finance Chiefs Push for Bigger Role of Single Currency · Austria Wants to Stick to Normal Timetable on Next ECB Chief · Trump Calls Rubio, Vance ‘Fantastic’ Amid 2028 Speculation · Treasuries Rally on Reopen With 10-Year Yield Falling Toward 4% more
Rubrics Morning Comment 16.02.26
16th February 2026
• US Inflation Comes in Relatively Tame, Defying Fears of Jump • Traders See 50% Odds of Third Fed Cut in 2026 as Inflation Ebbs • Japan’s Economy Ekes Out Anemic Growth as Takaichi Eyes Spending • BOE on Knife Edge Awaiting Pivotal UK Inflation Data: Eco Week more
Rubrics Morning Comment 13.02.26
13th February 2026
• US Home Resales Fall Most in Four Years Despite Lower Rates • Tillis Rejects Idea for Clearing Path to Warsh Fed Confirmation • Taiwan, US Sign Trade Pact to Cut Tariffs, Boost Investments • Trump Trade Team Working to Scale Back Scope of Metals Tariffs more
Rubrics Morning Comment 12.02.26
12th February 2026
• US Adds 130,000 Jobs and Unemployment Falls After Tepid 2025 • Fed’s Path to More Rate Cuts Challenged by Employment Surprise • Trump Rebuked Over Canada Tariffs as Midterm Anxieties Grow • UK Growth Disappoints at End of Year as Services Stagnate more
Rubrics Morning Comment 11.02.26
11th February 2026
• US Retail Sales Unexpectedly Stalled to Close Holiday Season • US Consumer Delinquencies Jump to Highest in Almost a Decade • US Small-Business Optimism Eases on Economic Expectations • US Bonds Surge as Weak Retail Sales Boost Fed Rate-Cut Bets more
Rubrics Morning Comment 10.02.26
10th February 2026
• ‘Consequential’ US Jobs Report Will Define Labor Market Slowdown • IMF Chief Plays Down the Dollar’s ‘Short Term Variations’ • Villeroy Quits Bank of France, Letting Macron Pick Governor • Starmer Shores Up Position for Now as UK Rivals Bide Time more
Rubrics Morning Comment 09.02.26
9th February 2026
• Takaichi Triumphs With Japan’s Biggest Post-War Election Victory • Historic Win Pits Takaichi’s Vision of Japan Against Bond Market • US Consumer Sentiment Unexpectedly Rises to a Six-Month High • Starmer’s UK Premiership Teeters on Brink as Key Aide Quits more
