28th October 2022

  • US Economy Shows Worst Yet to Come, as Cooling Just Starting

Consumer spending downshifts, under pressure from inflation

Housing market shows ‘monster’ decline in investment

https://blinks.bloomberg.com/news/stories/RKF6M0DWLU6C

  • Global Bonds Rally as Dovish ECB Reignites Talk of Peak Yields

Global yields in retreat helped by message from ECB, BOC

Key for investors will be next week’s Federal Reserve meeting

https://blinks.bloomberg.com/news/stories/RKG173T0AFB4

  • Drop in Foreign Reserves at Fed Pool Points to Japan Action

Balances at facility fell to $303 billion through Oct. 26

Decline suggests Japanese may have tapped cash holdings

https://blinks.bloomberg.com/news/stories/RKFR70T0G1S4

  • Oil Heads for Weekly Advance as Dollar Eases, US Exports Boom

WTI falls toward $88 a barrel, up by more than 3% this week

US supermajors Exxon, Chevron due to report results on Friday

https://blinks.bloomberg.com/news/stories/RKG4J3T0AFB7

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