1st November 2021
- U.S. Short-Term Rates Traders Boost Bets on June Fed Hike
Swaps market prices in 87% chance of tightening by mid-year
Cycle seen ending well before Fed’s own forecasts say it will
https://blinks.bloomberg.com/news/stories/R1QTJQDWLU6J
- Powell Risks Rerun of 1960s Inflation From Confusing Jobs Market
Fed expected to announce plan to taper bond buying this week
Powell recognizes inflation risk, yet remains patient on rates
https://blinks.bloomberg.com/news/stories/R1P0LIDWRGG0
- U.S. Personal Spending, Prices Rise in Line With Forecasts
Nominal spending rises 0.6% in September, real outlays up 0.3%
End of federal jobless benefits drives incomes down 1%
https://blinks.bloomberg.com/news/stories/R1QOLCDWX2QM
- Oil Pares Drop as OPEC+ May Spurn Biden’s Appeal on Production
Cartel is set to meet on Thursday to review its output policy
China says it will release diesel, gasoline to ease shortages
https://blinks.bloomberg.com/news/stories/R1VPNTDWRGG0
CLICK HERE TO READ THE FULL ARTICLE
For more information please contact Rubrics Asset Management. info@rubricsam.com.