Rubrics Morning Comment 28.06.23
28th June 2023
• Money Markets Are Giving Fed Room to Keep Shedding Treasuries; • Surprisingly Strong Economic Data Keeps Recession Fears at Bay; • US Denies Any Role in Russia Uprising as Allies Watch and Wait• ECB Rate Pause Needs ‘Clear’ Sign of Core Easing, Wunsch Says more
Rubrics Morning Comment 27.06.23
27th June 2023
• Traders Bail on Fed Rate-Cut Bets on Powell's Hawkish Message; • Morgan Stanley Sees Fed Hiking Rates in July After Powell Speech; • Treasury Bill Blitz Is Just a Prelude to Longer-Term Debt Glut; • Oil Edges Higher After Choppy Session Sparked by Russian Turmoil more
Rubrics Morning Comment 26.06.23
26th June 2023
• Final Stretch of Central-Bank Hiking Will Be Toughest, BIS Says; • Central Banks Didn’t Mess Up That Badly, But They Might Do Now; • Homebuilding Set to Boost US Economy After Two-Year Contraction; • Fed’s Bostic Sees Inflation Heading Lower, Favors Holding Rates more
Rubrics Morning Comment 23.06.23
23rd June 2023
• Fed's Powell Says US May Need One or Two More Rate Hikes in 2023; • Global Inflation Alarm Augurs a Long Hot Summer of Rate Hikes; • Yellen Sees Lower Recession Risk, Says Consumer Slowdown Needed; • Oil Suffers Steep Weekly Decline as Fed Flags Further Tightening more
Rubrics Morning Comment 22.06.23
22nd June 2023
• US Curve Inversion Deepens to One Percentage Point After Powell; • Powell Signals Higher Rates as Lawmakers Press Him on Bank Rules; • Fed’s Bostic Sees No Need for More Rate Hikes for Rest of 2023; • Inflation Would Be Same Today Even If Fed Had Tightened Earlier more
Rubrics Morning Comment 21.06.23
21st June 2023
• Fed Picks Pledge to Cool Inflation in Senate Nomination Hearing; • Oil Swings With China’s Demand Outlook and Fed Remarks in Focus; • Biden Says Xi Was Unaware of Wayward Balloon, Wants Relationship; • Fed Ponders Hiring Behavioral Scientists to Sharpen Oversight more
Rubrics Morning Comment 20.06.23
20th June 2023
• Treasury Yields Rise as Global Bond Slide Extends Before Powell; • US Homebuilder Sentiment Increases to Almost One-Year High; • Blinken’s China Trip Yields Best Possible Result: More Talks; • Oil Drifts Lower on Concern Chinese Stimulus Will Fall Short more
Rubrics Morning Comment 19.06.23
19th June 2023
• Janus Henderson Sees Rising Threat of Credit Crunch as Fed Hikes; • Fed Officials Say Rates May Need to Go Higher to Tame Inflation; • Biden 2024 Kickoff Counters Trump With Focus on Economy, Wealthy; • Blinken's China Trip Sees Positive Signs as Meetings Continue more
Rubrics Morning Comment 16.06.23
16th June 2023
• Global Rate-Hike Endgame Is Now Haunted by Recession Worries; • Summers Sees ‘Disturbing’ Signs Fed Driven by Internal Politics; • Oil Holds Biggest Jump in Six Weeks on China Stimulus Signs; • Fed Repo Facility Falls Below $2 Trillion With T-Bills Plentiful more
Rubrics Morning Comment 15.06.23
15th June 2023
• Powell Says Nearly All Officials Expect 'Some' Further Fed Hikes; • Powell Dances Between Pause and Hikes in Communication Two-Step; • Treasury Curve Points to Renewed Worries on Fed-Driven Recession; • Larry Fink Says AI Could Be the Technology That Curbs Inflation more
