Rubrics Morning Comment 06.07.21
6th July 2021
• Oil Price Spike Risks Wider Market Swings Amid Inflation Fears; • Economic Sentiment Rises to Record in Canada on Vaccine Rollout; • Bonds Face Bout of Weakness Amid OPEC+ Breakdown, FOMC Minutes; • The Fed Is Underestimating the Risk of Inflation more
Rubrics Morning Comment 05.07.21
5th July 2021
• Fed’s Daly Says Taper May be Warranted ‘Later This Year:’ AP; • Biden Declares Success in Beating Pandemic in July 4 Speech; • Zoltan Pozsar Sees a $1 Trillion Problem for Money Markets Ahead; • Beginning of the End of Easy Money: Central Bank Quarterly Guide more
Rubrics Morning Comment 02.07.21
2nd July 2021
• JPMorgan Sees Rates-Market Peril as Jobs Data, Holiday Converge; • U.S. Job Gains Seen Strengthening After Two Disappointing Months; • Global Tax Overhaul Nears Historic Deal Amid Last-Minute Hurdles; • Fed Likely Needs to Raise Rates as Soon as Late 2022, IMF Says more
Rubrics Morning Comment 01.07.21
1st July 2021
• Eurodollar Spread Bets Heat Up Before Payrolls: Liquidity Watch; • Treasuries Global Bond Winners as Traders Shrug Off Hawks; • Fed Reverse Repo Use Climbs to Almost $1 Trillion at Quarter End; • Fed’s Bostic Says It Will Take Some Time for Jobs to Meet Goal more
Rubrics Morning Comment 30.06.21
30th June 2021
• Fed's Waller Says Economic Progress Warrants Earlier Taper; • Fed's Barkin Sees 'Long Way to Go' in U.S. Labor-Market Progress; • Biden Team Pivots to Brokering Democratic Budget Bill Deal; • U.S. Should Distance From Trump-Era Trade, Key EU Official Says more
Rubrics Morning Comment 29.06.21
29th June 2021
• McConnell Wants Infrastructure De-Linked From Spending Bill; • Oil Extends Drop as Covid Concerns Surface Ahead of OPEC+ Meet; • House Passes Its Version of U.S.-China Competitiveness Bills; • High Beta Currencies Suited to Outperform Post FOMC: Stanchart more
Rubrics Morning Comment 28.06.21
28th June 2021
• Fed's Rosengren Says 2022 Rate Hike in Play as Job Market Heals; • Peak Central Bank Support Marks New Phase for World Recovery; • US cannot afford housing market ‘boom and bust’, warns Fed official; • Bond Market's Bears Undaunted by Post-Fed Shakeout of Short Bets more
Rubrics Morning Comment 24.06.21
24th June 2021
• Fed's Kaplan Sees Hike in 2022, Taper Starting Sooner; • Fed’s Rosengren Plays Down Risk of Persistent High Inflation; • Fed’s Bostic Sees 2022 Rate Liftoff, Taper Call in a Few Months; • Fed’s Williams Could Shed Light on AIT Debate and the Dollar more
Rubrics Morning Comment 23.06.21
23rd June 2021
• Powell Plays Down Inflation, Nods to Higher-Than-Expected Prices; • Williams Says Fed's Rate Liftoff Still Way Off in the Future; • IMF Board to Discuss $650 Billion Reserves-Creation Plan Friday; • TD Reinitiates Treasury 5s30s Steepener Trade, Targets 150bp more
Rubrics Morning Comment 22.06.21
22nd June 2021
• Powell Renews Forecast for Inflation Subsiding Toward Fed's Goal; • Kaplan, Dalio, Bullard Echo Call for Fed Pivot Toward Inflation; • Treasury Yields Rebound From Post-Fed Plunge to Multi-Month Lows; • Senators Say They're Nearing Agreement on Infrastructure Plan more
