Rubrics Morning Comment 21.07.25
21st July 2025
• Japan’s Ishiba Tries to Buy Time After Historic Election Setback • EU to Prepare Retaliation Plan as US Trade Stance Hardens • Trump Threats Send Wall Street Hunting for Perfect Powell Hedge • Fed Will Keep Trump Waiting Amid a Wave of Global Rate Cuts more
Rubrics Morning Comment 18.07.25
18th July 2025
• US Retail Sales Surge in Broad Advance, Topping Estimates • US Initial Jobless Claims Decline for a Fifth Straight Week • Merz Balks at EU Plan to Splurge Half a Trillion of German Money • Traders’ Guide to Navigating Japan’s Upper House Election more
Rubrics Morning Comment 17.07.25
17th July 2025
• Trump Raises Pressure on Powell While Calling Firing ‘Unlikely’ • US Producer Prices Stagnated on Decline in Services Costs • US Industrial Production Rises on Pickup in Utility Output • UK Firms Cut Jobs, Wage Growth Slows in Cooling Labor Market more
Rubrics Morning Comment 16.07.25
16th July 2025
• US Core CPI Rises Less Than Expected Again Despite Tariff Impact • Trump Says Drug Tariffs Probable by Aug. 1, Downplays More Deals • French Premier Says Country on Cliff Edge as Debt Soars • UK Inflation Unexpectedly Jumps to Highest Since Early 2024 more
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
