Rubrics Morning Comment 26.11.25
26th November 2025
• US Retail Sales Lost Steam in September as Consumers Pulled Back • US Producer Price Index Rises on Higher Energy, Food Costs • US Consumer Confidence Falls by Most Since April on Economy • Reeves Finally Faces Day of Reckoning on Her Long-Awaited Budget more
Rubrics Morning Comment 25.11.25
25th November 2025
• Gilts Riding Best Rally Since 2020 Face Budget Reality Check • EU Rejects US Demand to Ease Tech Rules for Lower Steel Tariffs • Fed Fixates on AI, But It’s Not Ready to Make Big Greenspan Bet • Fed’s Waller Calls for December Cut, Then Go Meeting-By-Meeting more
Rubrics Morning Comment 24.11.25
24th November 2025
• US Business Activity Expands at Fastest Pace in Four Months • US Consumer Sentiment Falls to Near Lowest on Record • Euro-Zone Business Activity Remains Robust on Services Strength • UK Private Sector Slumps Amid Growing Negativity Ahead of Budget more
Rubrics Morning Comment 21.11.25
21st November 2025
• US Payrolls Grew in September, But Jobless Rate Shows Fragility • Japan Unveils Biggest Stimulus Since Covid in Bond Market Test • UK Borrowing Overshoot Grows to £9.9 Billion Ahead of Budget (1) • Italy Considers Backing Spain to Lead Euro-Area Finance Chiefs more
Rubrics Morning Comment 19.11.25
19th November 2025
• UK Inflation Dips for First Time in Seven Months Ahead of Budget • ECB Jobs Race Jolted by Shock Exit of Euro-Area Finance Chief • Trump Says He Thinks He Already Knows Choice for Fed Chair • US Companies Shed Jobs as October Drew to a Close, ADP Data Show more
Rubrics Morning Comment 17.11.25
17th November 2025
• Europe Gauges Fallout From Trump’s Year of Trade Chaos: Eco Week • BLS Says September US Jobs Report Will Be Released Nov. 20 • Fed’s Hawks Seize Spotlight Making Case Against a December Cut • Trump Cuts Food Tariffs on Beef, Coffee as Prices Vex Voters more
Rubrics Morning Comment 13.11.25
13th November 2025
• Record US Government Shutdown Ends as Trump Signs Spending Bill • October Jobs, CPI Unlikely to Be Released, White House Says • Fed’s Perli Says Won’t Be Long Before Fed Starts Buying Assets • UK Economy Barely Grows in Quarter Before Reeves’ Budget more
Rubrics Morning Comment 12.11.25
12th November 2025
• US Companies Shed Jobs in Late October, Weekly ADP Data Show • US Small-Business Optimism Dips to Six-Month Low on Earnings • UK Unemployment Rises to 5%, Lifting Chance of BOE Rate Cut • Economists Question UK Unemployment Rise That Rattled Markets more
Rubrics Morning Comment 11.11.25
11th November 2025
• US Shutdown Nears End as Senate Passes Deal, House Readies Vote • Trump Backs Deal to End US Shutdown as Senate Plans Vote on Bill • US October Consumer Goods Inflation Slows in OpenBrand CPI Data • US Airlines Cancel 2,100 Flights as Shutdown Talks Advance more
Rubrics Morning Comment 10.11.25
10th November 2025
• Senate Advances Plan to End Shutdown After Some Democrats Agree • Democrats Concede Shutdown Fight Without Health Care Win in Hand • Data Fog Intensifying for Fed as Shutdown Delays CPI: Eco Week • US Consumer Sentiment Declines to a More Than Three-Year Low more
