Rubrics Morning Comment 02.10.25
2nd October 2025
• Trump Plans to Use Shutdown to Fire Federal Workers This Week • US Firms Shed 32,000 Jobs in ADP Report After Data Adjustment • US Manufacturing Activity Contracts for Seventh Straight Month • Euro-Zone Inflation Quickens, Backing ECB Caution on Rates more
Rubrics Morning Comment 01.10.25
1st October 2025
• US Begins Government Shutdown With Trump, Democrats at Impasse • US Job Openings Hold Steady, With Few Layoffs and Weak Hiring • US Consumer Confidence Falls to Five-Month Low on Job Concerns • German Inflation Exceeds Expectations, Backing Rate Caution more
Rubrics Morning Comment 30.09.25
30th September 2025
• Vance Says US Headed for Shutdown After Talks With Democrats • ‘Foggy’ US Economy Will Get Murkier Without Key Data in Shutdown • Trump Sets Lumber, Wood Tariffs in Bid to Boost US Industry • Australia Holds Key Rate, Signals Renewed Price Pressure more
Rubrics Morning Comment 29.09.25
29th September 2025
• Subdued US Job Growth Expected Ahead of Fed Meeting: Eco Week • US Consumer Spending Beats Estimates With Core Inflation Steady • Canada Economy on Track to Bounce Back in Third Quarter • Euro Zone Inflation at Five-Month High Will Keep ECB on Hold more
Rubrics Morning Comment 26.09.25
26th September 2025
• US Economy Grows at Fastest Pace in Nearly Two Years on Consumer • Trump Plans New Tariff Push With 100% Rate on Patented Drugs • Economic Luminaries Enter Legal Battle Over Fed Independence • Logan Says Fed Should Consider Replacing Its Benchmark Rate more
Rubrics Morning Comment 25.09.25
25th September 2025
• US New-Home Sales Unexpectedly Jump Over 20% in Broad Advance • Bessent Chides Powell for Not Championing Interest Rate Cuts • German Business Outlook Declines in Blow to Merz’s Growth Pledge • UK Budget Angst Hits Gilt Auctions as Investor Appetite Fades more
Rubrics Morning Comment 24.09.25
24th September 2025
• Powell Reiterates No Risk-Free Path for Fed Amid Dual Threats • US Business Activity Cools as Growth of Selling Prices Eases • Euro-Zone Private Sector Grows at Fastest Pace in 16 Months • UK Export Orders Fall at Fastest Pace in Five Months, PMI Shows more
Rubrics Morning Comment 23.09.25
23rd September 2025
• Treasuries Fall for Fourth Day as Fed Speakers Signal Caution • Inflation Is Worse Than the CPI Shows, Says Ex US Comptroller • Fed’s Miran Makes an Outlier’s Argument for Cutting Rates • ECB’s Nagel Plays Down Fears That Strong Euro Will Hurt Exports more
Rubrics Morning Comment 18.09.25
18th September 2025
• Powell Rallies Fed Colleagues as Economic, Political Risks Grow • Powell’s Caution Dashes Bond-Market Bets on Aggressive Rate Cuts • Bank of Canada Cuts to 2.5%, Moving ‘Carefully’ Amid Risks • Bank of England Gilts Plan to Eclipse Rates Vote: Decision Guide more
Rubrics Morning Comment 17.09.25
17th September 2025
· Fed Rate Cut to Mark Pivot Toward Job Market: Decision-Day Guide · US Retail Sales Beat Forecasts in Sign of Solid Summer Spending · Bank of Canada to Cut as Tariffs Hit Jobs Market: Decision Guide · Euro Hits Four-Year High as Traders Prepare for Fed Rate Cut more
