Rubrics Morning Comment 28.11.24
28th November 2024
• Fed’s Favored Inflation Gauge Picks Up, Backs Cautious Approach • US GDP Grows at Solid 2.8% Pace, Helped by Consumer Spending • French 10-Year Borrowing Costs Match Greece’s for First Time • Spanish Inflation Jumps to Highest Since August on Base Effects more
Rubrics Morning Comment 27.11.24
27th November 2024
• Fed Minutes Show Officials Prefer Future Rate Cuts to Be Gradual • Trump Heralds Unease in Global Halls of Power With Tariff Threat • French Bond Risk Hits Highest Since Euro Crisis on Budget Battle • China Taps State Firms for $69 Billion Bond Sales to Spur Growth more
Rubrics Morning Comment 26.11.24
26th November 2024
• Trump Roils Markets With Tariff Threat on China, Mexico, Canada • Dollar Jumps, Peso and Loonie Hammered in Tariff Threat Whiplash • Trump Trade Muddles Inflation Outlook in Fed’s Favorite Gauge • BofA Sees 5% EM Currency Slide as Trade War Risks Underpriced more
Rubrics Morning Comment 25.11.24
25th November 2024
• Trump Nominates Hedge Fund Chief Bessent to Lead US Treasury • US Business Activity Expands Most Since 2022, Confidence Builds • Euro-Zone Private Sector Unexpectedly Slips Into Contraction • UK Private Sector Stagnates After Budget Tax Hike, PMI Shows more
Rubrics Morning Comment 22.11.24
22nd November 2024
• US Funding Costs Surge in Anticipation of Year-End Pressures • Currency Traders Bet on Market Volatility Returning With Trump • US Initial Jobless Claims Decline to Lowest Level Since April • Trump Picks Pam Bondi for Attorney General After Gaetz Exit more
Rubrics Morning Comment 21.11.24
21st November 2024
• Fed’s Williams Says ‘Not Quite There Yet’ On Cooling Prices • Fed’s Collins Says More Easing Needed, Final Destination Unknown • Port of Los Angeles Sees Sustained Import Surge Ahead of Tariffs • Senators Set for Trump Clash on FBI Checks for Gaetz, Others more
Rubrics Morning Comment 20.11.24
20th November 2024
• Powell’s Wait-and-See on Trump Policies Is a Switch From 2016 • Key Fed Backstop Unable to Contain Repo Turmoil, Barclays Says • Apollo’s Slok Sees Fed Cuts Spurring $2 Trillion Money-Fund Exit • Dollar Rally Hits ‘Choppy Waters’ as Two-Way Trading Returns more
Rubrics Morning Comment 19.11.24
19th November 2024
• Japan and China Dump US Treasuries Before Trump’s Victory • Trump Team Weighs Pairing Warsh at Treasury, Bessent on NEC • US Homebuilder Sentiment Reaches Seven-Month High After Election • Fed Survey Shows Credit Harder to Access, Rejection Rates Rise more
Rubrics Morning Comment 18.11.24
18th November 2024
• Treasuries See 2024 Gains Dwindle With December Fed Cut at Risk • Fed’s Goolsbee Says Rates to Be a Lot Lower Over Next Year • US Retail Sales Increase on Autos in Start to Holiday Season • Trump Treasury Cabinet Pick in Flux as Jockeying Slows Selection more
Rubrics Morning Comment 15.11.24
15th November 2024
• Fed’s Powell Says No Need to Hurry Rate Cuts With Economy Strong • Traders Trim Bets for December Fed Rate Cut on Powell’s Caution • UK Economy Had Sharper-Than-Forecast Slowdown Last Quarter • China’s Economy Stabilizes as Retail Sales Beat Expectations more
