Rubrics Morning Comment 25.10.24
25th October 2024
• Trump 2.0 Haunts World Economy Chiefs in Washington Before Vote • Bond Selloff Stalls With Yields Near Highest Levels Since July • Euro-Zone Private-Sector Economy Fails to Grow for Second Month • UK Bonds Fall as Reeves Opens Door to More Borrowing in Budget more
Rubrics Morning Comment 24.10.24
24th October 2024
• Surge in Treasury ‘Term Premium’ Warns of Rising Bond Risks • Harris Seeks Advantage From Trump’s Alleged Praise of Hitler • Fed’s Beige Book Shows Little Growth Across Most of US • US Previously Owned Home Sales Fall to an Almost 14-Year Low more
Rubrics Morning Comment 23.10.24
23rd October 2024
• Treasuries Plunge Like It’s 1995 as Traders See Soft Landing • IMF Lowers Global Growth Forecast, Warns of Increasing Risks • Cost to Hedge Against Treasuries Losses Soars to Highest of 2024 • Bank of Canada in Position to Speed Up Rate Cuts: Decision Guide more
Rubrics Morning Comment 22.10.24
22nd October 2024
• Bonds Are Selling Off Everywhere as Traders Rethink Fed Pathway • Fed’s Schmid Favors Slower Pace for Interest-Rate Reductions • Fed’s Logan Repeats Call to Lower Rates Gradually Amid Risks • China’s Capital Inflow Jumps in September as Firms Shift to Yuan more
Rubrics Morning Comment 21.10.24
21st October 2024
• World’s $100 Trillion Fiscal Timebomb Keeps Ticking: Eco Week • World Economy Fault Lines Shift From Prices to Politics and Debt • US Interest Burden Hits 28-Year High, Escalating Political Risk • US Posts $1.8 Trillion Annual Deficit, Highest Outside of Covid more
Rubrics Morning Comment 17.10.24
17th October 2024
• ECB to Step Up Pace With Back-to-Back Rate Cuts: Decision Guide • China’s $562 Billion Loan Push for Unfinished Homes Disappoints • Shakeup in Bond Futures Stands to Reignite Burned Treasury Trade • UK Inflation Undershoot Prompts Traders to Ramp Up Rate Cut Bets more
Rubrics Morning Comment 15.10.24
15th October 2024
• Global Public Debt to Hit $100 Trillion by End of 2024, IMF Says • Americans Intend to Cut Holiday Gift Purchases in Hit to Retail • Waller Says Fed Should Cut With Caution at ‘Deliberate’ Pace • Fed’s Kashkari Sees ‘Further Modest’ Cuts in Coming Quarters more
Rubrics Morning Comment 14.10.24
14th October 2024
• ECB Is Set for Rate Cut It Didn’t Expect to Deliver: Eco Week • China Leaves Economists Wanting More Action to Defeat Deflation • China Puts Investor Patience to Test as Briefing Underwhelms • US Producer Price Index Unchanged on Decline in Gasoline Costs more
Rubrics Morning Comment 11.10.24
11th October 2024
• US CPI Rises More Than Forecast, Stalling Inflation Progress • US Jobless Claims Jump to a Year High, Partly Boosted by Helene • Three Fed Officials Shrug Off CPI Report, Bostic Open to Pause • China Investors Expect $283 Billion of New Stimulus This Weekend more
Rubrics Morning Comment 10.10.24
10th October 2024
• Fed Minutes Show Robust Debate About Size of September Rate Cut • Powell’s Half-Pointer Is Hard to Repeat With FOMC in No Hurry • Germany Sees Economy Contracting for Second Consecutive Year • European Industrial Companies Are Most Distressed Since Pandemic more
