Rubrics Morning Comment 09.08.24
9th August 2024
• Fed’s Schmid Says ‘We Are Not Quite There’ in Cooling Inflation • Barkin Says Fed Has ‘Time’ to Assess Economy, Determine Response • Trump Wants Presidents to Have Some Say Over Interest Rates (1) • Investor Behind Record $2.7 Billion Bond Bet Says Recession Near more
Rubrics Morning Comment 08.08.24
8th August 2024
• JPMorgan Says Three Quarters of Global Carry Trades Now Unwound • JPMorgan Boosts US Recession Chance to 35% by End of This Year • European Gas Soars to 2024 High on Concern Over Ukraine Pipeline • BOJ Didn’t See July Hike as Policy Tightening, Summary Shows (2) more
Rubrics Morning Comment 07.08.24
7th August 2024
• Traders Are Starting to Cash In on Bets for Bigger Fed Rate Cuts • Harris Taps Minnesota’s Walz in Appeal to Blue-Collar Workers • BOJ Sends Dovish Signal After Rate Hike Sparked Market Meltdown • JPMorgan Says Carry Trade Unraveling Is Only Half Complete (1) more
Rubrics Morning Comment 06.08.24
6th August 2024
• Black-Swan Hedging Breaks Out on Wall Street After Manic Monday • Treasury Rally Ignites Debate on How Fast Fed Needs to Cut (3) • $6.4 Trillion Wipeout Sows Fear ‘Great Unwind’ Is Just Starting • Sahm Sees US ‘Uncomfortably Close’ to Recession, Not in One Yet more
Rubrics Morning Comment 02.08.24
2nd August 2024
• Investors Start Gaming Out Exit Plan for Global Rate Divergence • US Initial Jobless Claims Rise to One-Year High as Hiring Slows • US Jobs Report to Show More Softening With Unemployment Steady • US Manufacturing Activity Contracts by Most in Eight Months more
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
