Rubrics Morning Comment 25.02.25
25th February 2025
• Trump Says Planned Tariffs on Canada, Mexico ‘Going Forward’ • Treasury 2-Year Auction Draws Record Demand, Pushing Yields Down • EU Expands Tariff List in Trump’s Looming Metals Trade Dispute • Germany Discussing €200 Billion for Emergency Defense Fund more
Rubrics Morning Comment 24.02.25
24th February 2025
• German Conservatives Seal Election, Seeking Coalition Talks • Germany’s Crunch Election Grips Market Wanting Higher Spending • Trump Targets China With Biggest Salvo So Far in Second Term • US Business Activity Moderates as the Service Sector Cools more
Rubrics Morning Comment 21.02.25
21st February 2025
• ‘Mar-a-Lago Accord’ Chatter Is Getting Wall Street’s Attention • US Jobless Claims Tick Up Slightly, in Line With Pre-Covid Level • Bessent Says US ‘Long Way’ From Boosting Longer-Term Debt Sales • UK Set to Overshoot Borrowing Forecasts After Poor January more
Rubrics Morning Comment 20.02.25
20th February 2025
• Trump Says New China Trade Deal ‘Possible’ Despite Tensions • Fed Minutes Signal Officials on Hold Until Inflation Improves • Treasuries Rise as Fed Minutes Reveal Discussion of QT Pause • US Dollar’s Use in Global Transactions Tops 50%, Swift Says more
Rubrics Morning Comment 19.02.25
19th February 2025
• Trump Floats 25% Tariffs on US Auto, Drug, Chip Imports • UK Inflation at 10-Month High as VAT Hits Private Schools • China’s Foreign-Exchange Outflows Jump in Ominous Sign for Yuan • China New-Home Prices Barely Fall in Sign Market Stabilizing more
Rubrics Morning Comment 18.02.25
18th February 2025
• Trump, Putin Teams to Talk in Saudi on Ukraine as Europe Fumes • Europeans Excluded From Macron’s Mini-Summit Fret Over Unity (1) • EU Joint Funds Gaining Support as Leaders Face Defense Needs (1) • RBA Chief Cautions Against Aggressive Easing Bets After Rate Cut more
Rubrics Morning Comment 14.02.25
14th February 2025
• Trump Moves to Impose Reciprocal Tariffs as Soon as April • US Wholesale Inflation Tops Estimates on Food, Energy Prices • US Consumer Debt Delinquency Hits Highest in Almost Five Years • US REACT: Jobless Claims Stay Low With Businesses Hopeful more
Rubrics Morning Comment 13.02.25
13th February 2025
• US Inflation Tops Forecasts, Bolstering Case for Fed to Hold • Traders See Just One 2025 Fed Rate Cut After Hot Inflation Data • Seasonality to Blame for Hot US CPI, Bloomberg Economics Says • Powell Says Latest Inflation Data Show Fed Has More Work to Do more
Rubrics Morning Comment 12.02.25
12th February 2025
• Powell Tells Congress Fed Still in No Rush to Lower Rates • Treasuries Fall as Fed’s Powell Affirms Patience on Rate Cuts • US Core Inflation Seen Picking Up to 0.3% Gain in January • China’s Property Crisis Is Worsening at Just the Wrong Time more
Rubrics Morning Comment 11.02.25
11th February 2025
• Trump Sets 25% Tariffs on Steel, Aluminum, Widening Trade War • Powell Heads for ‘Hyper-Charged’ Hearings Overshadowed by Trump • Front-Loading Tariffs Undercuts Trump’s Pledge of Faster Growth • Europe Teeters Toward Energy Crisis as Gas Reaches Two-Year High more
