Rubrics Morning Comment 01.08.24
1st August 2024
• Powell Says Fed Could Cut Rates ‘As Soon As’ September Meeting • Treasuries Stage Month-End Rally on Hopes of September Fed Cut • Euro-Zone Inflation Sees Surprise Uptick in Headache for ECB (3) • BOE Tilted Toward First Rate Cut Since Pandemic: Decision Guide more
Rubrics Morning Comment 31.07.24
31st July 2024
•Fed to Hold Rates and Signal September Cut: Decision Day Guide •Euro-Area Growth Beats Forecasts Despite German Contraction (2) •BOJ Hikes Interest Rate, Unveils Plan to Halve Bond Buying •Australia’s Cooler Core Inflation Opens Door to Rate Cut (3) more
Rubrics Morning Comment 30.07.24
30th July 2024
• US Cuts Borrowing Estimate, Sees Smaller Year-End Cash Pile (1) • US Debt-Sale Plan Gets Politically Sensitive Before Election (1) • Trump Says He Will ‘Probably End Up’ Debating New Rival Harris • Biden Assails Supreme Court for ‘Extremism’ in Reform Push (1) more
Rubrics Morning Comment 29.07.24
29th July 2024
• Traders Fret as 32-Hour Central Banking Spree Hangs Over Markets • Yellen Rejects Roubini Claim of ‘Manipulation’ in Treasuries (2) • Fed’s Favored Price Gauge Rises at Mild Pace, Spending Holds Up • US Consumer Sentiment Falls to Eight-Month Low on High Prices more
Rubrics Morning Comment 26.07.24
26th July 2024
• Markets Tear Up Popular Trades That Reached ‘Stupid Levels’ (2) • US Economy Grew Faster Than Expected Last Quarter on Firm Demand • Treasuries Gain as Debate Rages Over Timing of Fed’s First Cut • Trump Won’t Commit to Debate Until Harris Formally Nominated more
Rubrics Morning Comment 25.07.24
25th July 2024
• US Yield Curve Steepens as Bond Traders See Fed Cuts Looming • US Business Activity Expands by Most in More Than Two Years • US New-Home Sales Unexpectedly Decline to a Seven-Month Low • Biden Says Time for ‘Younger Voices’ in Oval Office Speech (1) more
Rubrics Morning Comment 24.07.24
24th July 2024
• Two-Year Treasuries See Record Investor Demand at Auction (1) • Stocks Slump as Tesla, LVMH Earnings Disappoint: Markets Wrap • US Curve Flattens as Biden Exits Race, Japan Debt Futures Gain • Longer Treasuries at Risk as Political Noise Fades: Macro View more
Rubrics Morning Comment 23.07.24
23rd July 2024
• Harris Has Enough Delegates to Clinch Nomination for President • Trump Risks Getting Tables Turned on Him With New 2024 Adversary • Bond Market Sees Trump Trade Stalling With Focus on Data and Fed • Heated US Election Raises Chance of Fed on Hold, Mercer CIO Says more
Rubrics Morning Comment 22.07.24
22nd July 2024
• Biden Exits Race, Endorses Harris as She Shores Up Support (1) • Kamala Harris Likely to Pick From Rising Stars For Running Mate • Biden Exit Puts Trump Trade in Doubt as Election Gets Re-Set (3) • Downshifting US Inflation Will Help Reassure the Fed: Eco Week more
Rubrics Morning Comment 19.07.24
19th July 2024
• Fed Prepares for September Cut as Powell Shifts Focus to Jobs • Biden Faces Mounting Speculation, Pressure to Drop Bid (3) • Trump Basks In Total Control of GOP as Biden Campaign Hits Low • Fed’s Daly Says Incoming Inflation Data Very Good, Not There Yet more
