28th June 2023

  • Money Markets Are Giving Fed Room to Keep Shedding Treasuries

Bigger bill auctions have yet to impact bank reserves

Money-fund appetite for Treasury bills may reach a limit

https://blinks.bloomberg.com/news/stories/RWWVKYT1UM0W

  • Surprisingly Strong Economic Data Keeps Recession Fears at Bay

Latest housing, manufacturing, consumer data beat expectations

Figures likely to reinforce hawkish message from Fed’s Powell

https://blinks.bloomberg.com/news/stories/RWX27RT1UM0W

  • US Denies Any Role in Russia Uprising as Allies Watch and Wait

Biden and allies trying to determine what spurred mutiny

Wagner chief says he had no plans to overthrow Putin

https://blinks.bloomberg.com/news/stories/RWVGKHT0AFB4

  • ECB Rate Pause Needs ‘Clear’ Sign of Core Easing, Wunsch Says

Belgian central bank chief speaks to Bloomberg Television

Sees ‘relatively narrow path’ to euro-zone soft landing

https://blinks.bloomberg.com/news/stories/RWWWF8T1UM0W

CLICK HERE TO READ THE FULL ARTICLE

For more information please contact Rubrics Asset Management. info@rubricsam.com.