Rubrics Morning Comment 13.01.25
13th January 2025
• Strong US Job Report Backs Case for Pause in Fed Rate Cuts • Wall Street Economists Pare Back Fed Rate-Cut Views After Data • US Consumer Inflation Expectations Jump to Highest Since 2008 • US Inflation to Back Fed Pause After Robust Jobs Data: Eco Week more
Rubrics Morning Comment 10.01.25
10th January 2025
• UK’s Market Woes Shift to Pound With Currency at One-Year Low • Bond Turmoil Raises Prospect of Slower Bank of England Rate Cuts • US Payrolls Growth Forecast of 165,000 Seen Enabling Fed Pause • Fed Officials Signal Interest Rates Likely on Hold for a While more
Rubrics Morning Comment 09.01.25
9th January 2025
• UK Markets Fight Ghost of 2022 as Losses Spread Across Assets • UK’s Bond Turmoil Invokes Specter of 1976 Debt Crisis • Fed Minutes Show Officials Were Eager to Slow Interest-Rate Cuts • Global Bond Selloff Leaves US Treasury Yields Flirting With 5% more
Rubrics Morning Comment 08.01.25
8th January 2025
• US Job Openings Rise to Six-Month High on Business Services • US Services Index Climbs, Price Gauge Hits Highest Since 2023 • Treasury Auction Draws Highest Yield Since 2007 in Bond Selloff • Highest UK Debt Costs Since 1998 Risk More Labour Tax Hikes more
Rubrics Morning Comment 07.01.25
7th January 2025
• US Yields Hit 14-Month High Amid Auctions, Tariff Speculation • Dollar Pares Losses After Trump Denies Curbed-Tariffs Report • Trump Keeps His Negotiating Powder Dry With Tariff Turmoil • German Inflation Up More Than Expected, Backing ECB Caution more
Rubrics Morning Comment 06.01.25
6th January 2025
• Global Central Banks Tiptoe Toward Rate Cuts Under Trump Shadow • December US Jobs Report to Cap Year of Moderate Hiring: Eco Week • US Manufacturing Measure Edged Higher at End of Last Year • Johnson Says Trump’s Major Legislative Agenda to Pass by May more
Rubrics Morning Comment 03.01.25
3rd January 2025
• Treasuries Start 2025 in Familiar Bind as Oil Rally Lifts Yields • Reserves at Fed Sink Below $3 Trillion to the Lowest Since 2020 • US Mortgage Rates Approach 7% in Ominous Sign for Housing Market • Euro Falls to Lowest Since 2022, Pound Weakens on Growth Woes more
Rubrics Morning Comment 20.12.24
20th December 2024
• Trump-Backed GOP Funding Plan Fails in House as Shutdown Nears • US Growth Revised to 3.1% on Stronger Consumer Spending, Exports • US Existing-Home Sales Rise as Buyers Accept High Mortgage Rates • BOE Pushes Back Against Market Bets With Dovish Hold on Rates more
Rubrics Morning Comment 19.12.24
19th December 2024
• Powell Signals Fed’s Focus Has Returned Firmly to Inflation • Bonds Slump as Fed Gives Traders Reason to See Fewer 2025 Cuts • BOJ Keeps Rates Steady as Proposal Suggests Next Hike Is Nearing • New Zealand Suffers Deeper-Than-Expected Recession; Kiwi Drops more
Rubrics Morning Comment 18.12.24
18th December 2024
• Fed Set to Cut Rates Then Consider a Pause: Decision-Day Guide • Bond Traders Target Deeper 2025 Fed Rate Cuts Than Market Sees • US Retail Sales Strengthen on Jump in Motor Vehicle Purchases • German Business Outlook Slumps Amid Economic Uncertainty more
