Rubrics Morning Comment 14.04.23
14th April 2023
• Fed’s Emergency Loans to Banks Fall for Fourth Straight Week; • White House Rejects Fed Staff Outlook, Says No Sign of Recession; • US Producer Prices Fell in March by Most Since Start of Pandemic; • Oil Drives Toward Fourth Weekly Gain as Global Market Tightens more
Rubrics Morning Comment 13.04.23
13th April 2023
• Fed Leans Toward Another Hike, Defying Staff’s Recession Outlook; • Traders Boost Bets on US Rate Cuts This Year After CPI; • US Core Inflation Slows Only a Bit, Keeping Fed on Track to Hike; • Fed’s Barkin Says There Is More Work to Do to Rein in Inflation more
Rubrics Morning Comment 12.04.23
12th April 2023
• Fed Officials Signal Divide Over Whether to Hike Rates Again; • Fed’s Harker Is Prepared to Do More If Needed to Curb Inflation; • Fed’s Goolsbee Calls for Policy Caution Amid Credit Uncertainty; • IMF Trims World Growth Outlook as Risks Raise Financial Pressure more
Rubrics Morning Comment 11.04.23
11th April 2023
• Fed Swaps See About 80% Chance of a Quarter-Point May Rate Hike; • Williams Dismisses Link Between Rapid Fed Hikes and Bank Stress; • Job Market Softens Only a Bit, Keeping Fed on Track for May Hike; • End May Be in Sight for Global Rate-Hike Cycle as Fed Nears Peak more
Rubrics Morning Comment 31.03.23
31st March 2023
• Fed Officials See More Work on Inflation Despite Bank Strains; • Cash Stashed in Funds Instead of Banks Fuels US Slump Risks; • Fed Foreign Repo Facility Use Falls as Bank Funding Strains Ebb; • Fed’s Emergency Loans to Banks Fall in Sign of Easing Turmoil more
Rubrics Morning Comment 30.03.23
30th March 2023
• Burned Bears Send Shorts in Biggest Treasury ETF Near Record Low; • Powell Pressed by GOP on Future Hikes, and He Cites the Dot Plot; • Moody’s Sees ‘Limited’ US Fiscal Fallout Unless Bank Woes Worsen; • Oil Holds Drop After Mixed Stockpile Report Signals Weak Demand more
Rubrics Morning Comment 29.03.23
29th March 2023
• Treasury Yields Advance as Banking Contagion Fears Ebb Further; • Traders Go Long Treasuries After Hedge Funds Unwind Short Bets; • US Short-Term Rates Are on the Rise Fueled by Fed, Quarter-End; • Economists Boost US Recession Odds on Higher Rates, Banking Woes more
Rubrics Morning Comment 28.03.23
28th March 2023
• Fed's Jefferson Says It Will Take Time to Curb High Inflation; • Oil Holds Surge as Supply Disruption Adds to Market Optimism; • JPMorgan’s Coleman Favors Junk Bonds If There’s a US Recession; • Senate Republicans Aim to Overturn Biden’s Student Loan Plan more
Rubrics Morning Comment 27.03.23
27th March 2023
• Fed's Kashkari Says Bank Strains Bring Recession Risk Closer; • First Citizens Buys Silicon Valley Bank After Run on Lender; • Oil Fluctuates After Weekly Gain as Slowdown Concerns Linger; • Credit Suisse Faces Possible Probe, Disciplinary Proceedings more
Rubrics Morning Comment 24.03.23
24th March 2023
• Yellen Says US Prepared for Additional Deposit Actions If Needed; • Gundlach Joins Powell-Is-Wrong Chorus Predicting Rate Cuts; • Credit Crunch Risks in Focus for Fed Traders as Cut Bets Build; • Banks Draw on Fed for $164 Billion for Second Straight Week more
