Rubrics Morning Comment 04.12.24
4th December 2024
• South Korea’s Whirlwind Stint in Martial Law Jolts Markets • South Korea’s Opposition Submits Impeachment Motion Against Yoon • Macron Asks French Lawmakers Not to Topple the Government • US Job Openings Pick Up to 7.7 Million as Labor Demand Steadies more
Rubrics Morning Comment 03.12.24
3rd December 2024
• France Faces ‘Moment of Truth’ as Government Poised to Collapse • French Assets Under Pressure as Le Pen Backs No-Confidence Vote • US Factory Activity Shrinks Less Than Forecast as Orders Expand • Fed Officials Keep Options Open for December Rate Decision more
Rubrics Morning Comment 02.12.24
2nd December 2024
• Treasuries Start Week on Back Foot Ahead of Crucial Jobs Data • Trump Demands ‘Commitment’ From BRICS on Using US Dollar • Euro-Zone Inflation Accelerates But Won’t Derail ECB Cuts • French Government, Far Right Head for Collision in Budget Clash more
Rubrics Morning Comment 29.11.24
29th November 2024
• Dollar Heads for Worst Week Since August as Trump Trade Stalls • France’s Le Pen Makes Budget Demands as Barnier Gives Ground • German Inflation Unexpectedly Holds Steady, Backing ECB Cuts • Yen Breaches Key 150 Level as Tokyo Inflation Fuels BOJ Bets more
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
