Rubrics Morning Comment 20.11.24
20th November 2024
• Powell’s Wait-and-See on Trump Policies Is a Switch From 2016 • Key Fed Backstop Unable to Contain Repo Turmoil, Barclays Says • Apollo’s Slok Sees Fed Cuts Spurring $2 Trillion Money-Fund Exit • Dollar Rally Hits ‘Choppy Waters’ as Two-Way Trading Returns more
Rubrics Morning Comment 19.11.24
19th November 2024
• Japan and China Dump US Treasuries Before Trump’s Victory • Trump Team Weighs Pairing Warsh at Treasury, Bessent on NEC • US Homebuilder Sentiment Reaches Seven-Month High After Election • Fed Survey Shows Credit Harder to Access, Rejection Rates Rise more
Rubrics Morning Comment 18.11.24
18th November 2024
• Treasuries See 2024 Gains Dwindle With December Fed Cut at Risk • Fed’s Goolsbee Says Rates to Be a Lot Lower Over Next Year • US Retail Sales Increase on Autos in Start to Holiday Season • Trump Treasury Cabinet Pick in Flux as Jockeying Slows Selection more
Rubrics Morning Comment 15.11.24
15th November 2024
• Fed’s Powell Says No Need to Hurry Rate Cuts With Economy Strong • Traders Trim Bets for December Fed Rate Cut on Powell’s Caution • UK Economy Had Sharper-Than-Forecast Slowdown Last Quarter • China’s Economy Stabilizes as Retail Sales Beat Expectations more
Rubrics Morning Comment 11.11.24
11th November 2024
• Bond Market on Risky Path as Traders Regroup From Wild Week • US Inflation Progress Gets Harder in Last Mile Down: Eco Week • Scholz Opens Door to German Confidence Vote Before Christmas • China Unveils $1.4 Trillion Debt Swap, Saves Stimulus for Trump more
Rubrics Morning Comment 08.11.24
8th November 2024
• Powell Signals Readiness to Defy Trump in Defense of Fed • Fed Cuts Rates; Powell Says Wouldn’t Resign If Asked by Trump • Investors Dial Back ‘Trump Trades’ as Policy Questions Remain • BOE Delivers Rate Cut With Warning on Budget’s Inflation Hit more
Rubrics Morning Comment 07.11.24
7th November 2024
• ‘America First’ Sweeps Wall Street With Echoes of 2016 Playbook • In Trump Markets, Big Question Is How Much ‘MAGA’ 2.0 Will Cost • Trump Win Wreaks Havoc on Global Rate-Cut Expectations • Trump’s Victory Casts a Shadow Over the Federal Reserve more
Rubrics Morning Comment 06.11.24
6th November 2024
• Trump Adds Georgia, GOP Captures Senate as Harris Path Narrows • Republicans Win Control of US Senate Ahead of Critical Tax Fight • Trump Trades Gain Momentum as US Stocks, Yields Up: Markets Wrap • Dollar Jumps as Trump Pulls Ahead in US Presidential Vote Count more
Rubrics Morning Comment 05.11.24
5th November 2024
• Harris, Trump Finish Historic Campaign With Dueling Rallies • Harris’ Late Iowa Surge Energizes Democrats in GOP-Led State • ‘Trump Trade’ Doubts Drag on Dollar, Boosting US Treasuries • RBA Holds Key Rate at 13-Year High as World Waits on US Vote more
Rubrics Morning Comment 04.11.24
4th November 2024
• Fed and Peers to Go Ahead With Rate Cuts After US Vote: Eco Week • US Payrolls Increase by Just 12,000, Hit by Storms and Strikes • US Manufacturing Activity Falls to Lowest Level Since July 2023 • Fed On Track for Rate Cut After Weak Jobs Data, Hiring Markdowns more
