Rubrics Morning Comment 15.07.25
15th July 2025
-Tariff Impact Seen Ending Streak of Benign US Inflation Readings-EU Targets Boeing, US Cars and Bourbon With €72 Billion List-UK Retail Sales Add to Signs Economy Is Past Worst From Tax Hit-Japan Bond Rout Touches New Pain Point as 10-Year Yield Rises more
Rubrics Morning Comment 14.07.25
14th July 2025
• US Inflation to Pick Up on More Tariff Pass-Through: Eco Week • Trump Patience on Tariffs Runs Thin as Nations Jostle for Deals • EU Plans to Engage More With Other Nations Hit by US Tariffs • Japanese Bonds Tumble as Fiscal Worries Mount Before Election more
Rubrics Morning Comment 10.07.25
10th July 2025
• Fed Minutes Show Committee Split Around Inflation Worries • Trump Says 50% Tariff on Copper Imports to Take Effect August 1 • Japan 20-Year Bond Sale Leaves Traders in Limbo Before Election • Japan’s Carmakers Slash Export Prices to US to Offset Tariff Hit more
Rubrics Morning Comment 09.07.25
9th July 2025
• Copper Market in Turmoil as Trump Touts 50% Tariff on US Imports • Trump Vows No Tariff Extension, Hardens Threats on Copper, Drugs • EU to Protect Airbus in US Trade Deal as Ferrari Set to Lose Out • Japan’s Poor Bond Market Liquidity Spells Heightened Yield Risk more
Rubrics Morning Comment 08.07.25
8th July 2025
• Trump Issues New Tariff Rates, Still Open to Negotiations • Asian Economies in Rush to Cut Tariff Deals as US Deadline Moves • EU Rushes to Conclude Framework Trade Deal With US This Week • RBA Wrong-Foots Market by Holding Key Rate, Currency Jumps more
Rubrics Morning Comment 02.07.25
2nd July 2025
• Trump Tax Bill Hits Republican Resistance in House Ahead of Vote • Powell Reiterates Fed Would Have Cut More If Not for Tariffs • Euro-Zone Inflation Ticks Higher to Match ECB’s 2% Target • Starmer Emerges From UK Welfare Fight Weaker and Billions in Red more
Rubrics Morning Comment 01.07.25
1st July 2025
• Dollar Index Slumps 10.8% in Biggest First-Half Loss Since 1973 • Treasuries Wrap Up Best Month Since February Ahead of Jobs Data • EU to Accept Trump Universal Tariff But Seeks Key Exemptions • ECB Fine-Tunes Strategy to Cope With More Frequent Shocks more
Rubrics Morning Comment 30.06.25
30th June 2025
-Trump Tax Bill Hits Senate With GOP Torn by Competing Demands -Trump Deals Poised to Fall Short of Sweeping Trade Reforms -Trump Says He Doesn’t Expect to Extend July 9 Tariff Deadline -Powell and Lagarde Count Cost of Trump’s Turbulence: Eco Week more
Rubrics Morning Comment 27.06.25
27th June 2025
• Treasury Deal Kills ‘Revenge Tax’ That Spooked Wall Street • Lutnick Says US-China Trade Truce Signed, 10 Deals Imminent • US Merchandise-Trade Deficit Unexpectedly Widens on Export Drop • China’s Industrial Profits Sink on US Tariffs, Deflation Woes more
Rubrics Morning Comment 26.06.25
26th June 2025
• Fed’s Powell Says Tariff-Driven Inflation Remains a Big Question • Federal Reserve Releases Plan to Relax Key Bank Capital Rule • US New-Home Sales Drop by Most Since 2022 on Poor Affordability • Europe Wins Trump’s Protection With Historic NATO Spending Push more
