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More Good Inflation News: David Berson's Economic Brief

Inflation Remained Low In June

Why to Add Safe Haven ETFs to Your Portfolio?

Rates Spark: Euro Rates Eyeing Quicker ECB Cuts

U.S. GDP Growth Beats Expectations, But Fails To Dent The Market's Faith In Rate Cuts

U.S. GDP Growth Beats Expectations, But Fails To Dent The Market's Faith In Rate Cuts. GDP grew an annualised 2.8% in second-quarter 2024. Core PCE deflator rose 2.9% annualised versus the 2.7% expectation.

Rates Spark: Weak PMIs Help Build The Case For Rate Cuts

Weaker eurozone PMIs have helped markets price in two more ECB rate cuts for 2024. US manufacturing PMI slipped back below 50 and new home sales weakened, but services PMI edged higher. We continue to view the environment as prone to more risk-off, higher volatility and lower market rates.

Rates Spark: Why September Looks Like A Good Month For An ECB Rate Cut

Rates Spark: Markets Are Still Digesting Biden's Departure

US Biden's withdrawal did not have a material impact on EUR rates. The biggest impact for Treasuries was a late-in-the-day rise in yields. Weaker growth data later this week should help the EUR curve steepening. The ECB's Survey of Monetary Analysts shows a well-anchored ECB terminal rate of 2.25%.