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
Rubrics Morning Comment 17.12.24
17th December 2024
• Germany Faces Policy Gridlock as Campaign Season Heats Up • Trudeau’s Government Teeters After Scathing Resignation • US Services Activity Expands by Most in More Than Three Years • Euro Zone’s Private-Sector Contraction Eases on Services more
Rubrics Morning Comment 16.12.24
16th December 2024
• French Credit Rating Cut on Crisis That Imperils Finances (1) • German Chancellor Scholz Faces Confidence Vote: What to Expect • China’s Unexpected Retail Slowdown Shows Urgency to Boost Demand • The 24 Hours of Cuts That End Year of Global Easing: Eco Week more
Rubrics Morning Comment 13.12.24
13th December 2024
• ECB Cuts for Third Straight Time to Prop Up Flagging Economy • SNB Surprises With Half Point Rate Cut to Stem Gains in Franc • UK Economy Unexpectedly Shrinks at Start of Fourth Quarter • US Household Wealth Climbs to a Record on Higher Stock Values more
Rubrics Morning Comment 10.12.24
10th December 2024
• ECB Officials to Lock Horns Over How Much Cuts Can Boost Economy • Why Talk of a Half-Point ECB Rate Cut Just Won’t Go Away • BOE Has Little Scope to Cut Rates Beyond 2025, Analysis Shows • China Economists Ramp Up Expectations for Rate Cuts, Spending more
Rubrics Morning Comment 06.12.24
6th December 2024
• US Jobs Report to Show Hiring Rebounded After Storms and Strike • US Jobless Claims Rise to One-Month High in Thanksgiving Week • It’s Taking Longer and Longer for US Unemployed to Find New Jobs • Le Pen Sees French Budget in Weeks If Macron Eases Debt Path (1) more
Rubrics Morning Comment 05.12.24
5th December 2024
• Macron Begins Search for New French Premier After Barnier Falls • Euro’s Outlook Gets Even Murkier After French Government Falls • US Services Activity Expands at Slowest Pace in Three Months • US Companies Added 146,000 Jobs in November, ADP Data Show more
