Rubrics Morning Comment 14.06.23
14th June 2023
• Fed to Pause and Keep Option to Hike in July: Decision-Day Guide; • US Inflation Slows, Giving Room for Fed to Pause Rate Hikes; • Bond Traders Shred Bets on Path of US Interest Rates Before Fed; • US CPI Report’s Details Suggest Fed Pause Will Become Full Stop more
Rubrics Morning Comment 13.06.23
13th June 2023
• Fed Rate Pause Set to Get Support From Moderating CPI Inflation; • Citi Strategist Warns Traders Misreading Inflation Ahead of CPI; • Near-Term Inflation Expectations Hit Two-Year Low in Fed Survey; • Don’t Use QE In Next Crisis, Former Central Banker Rajan Says more
Rubrics Morning Comment 12.06.23
12th June 2023
• As Fed Signals Rate Pause, Powell Will Have to Placate Hawks; • Fed Seen Ending Its 15-Month Hiking Campaign in Economist Survey; • Bond Investors Say It’s Wrong to Bet US Will Avoid Recession; • Oil Extends Losses on Demand Woes as Goldman Cuts Outlook Again more
Rubrics Morning Comment 09.06.23
9th June 2023
• US Jobless Claims Surge to 261,000, Highest Since October 2021; • QT Will Soon Begin to Bite With 10% Hit to Liquidity, BNP Warns; • Champion of Key Fed Inflation Gauge Warns Against Dovish Tilt; • US Seeks to Extend Digital-Tax Freeze as Global Deal Stalls more
Rubrics Morning Comment 08.06.23
8th June 2023
• Bonds Everywhere Are Suffering as Rate-Hike Fears Swamp Traders; • Global Yields Climb as Traders Lean Toward Fed Hike by July; • Canada’s Hike Exposes Global Struggle to Find Endpoint for Rates; • Global Recovery to Be Weak and Inflation-Plagued, OECD Says more
Rubrics Morning Comment 07.06.23
7th June 2023
• World Bank Says Global Economy in Precarious State as Rates Rise; • Bond Buyers Are Betting Fed Can Bring Back a Low-Rate World; • Goldman Lowers US Recession Probability to 25% After Debt Deal; • Oil Extends Drop as Demand Concerns Overshadow Saudi Output Cut more
Rubrics Morning Comment 06.06.23
6th June 2023
• US Services Activity Nearly Stalls as Price Gauge Slides; • Fed Skip-a-Hike Strategy Is Sensible, Risky and Confusing; • Treasury’s Flood of Bill Issuance Is Latest Test for Banks; • Oil Falls as Optimism Over Saudi-Led Production Cut Fades Fast more
Rubrics Morning Comment 02.06.23
2nd June 2023
• Fed's Harker Says FOMC Should 'at Least Skip' June Rate Hike; • Traders More Comfortable With a Fed Pause as Key Jobs Data Looms; • Debt-Limit Deal Clears Congress, Ending Threat of US Default; • EU Tells Kosovo and Serbia to End Violence or Face Consequences more
Rubrics Morning Comment 01.06.23
1st June 2023
• Debt-Limit Deal Wins House Passage, Easing US Default Concerns; • Fed Signal for Rate Pause Takes Pressure Off Hot Jobs Report; • Fed’s Beige Book Shows Hiring, Inflation Cooling Across US; • Fink Says Fed ‘Not Finished’ Hiking Rates in Inflation Fight more
Rubrics Morning Comment 31.05.23
31st May 2023
• Summers Sees Higher Fed Interest Rates, Increased US Taxes; • McCarthy Confident on Debt Vote Despite Hard-Line Ouster Threat; • Biden-McCarthy Debt Deal Puts Government Services on a Diet; • Fed’s Barkin Says He’s Seeking Evidence Demand Is Coming Down more
