A Three-Ring Circus of Market Influences October 30, 2025 A 90-minute meeting between Presidents Trump and Xi in South Korea resulted in a de-escalation of trade tensions but a rise in national security brinkmanship. While a formal trade deal was not signed, an understanding was reached on several points. The treat of a 100% U.S….
Another Canadian Central Bank Interest Cut but Perhaps the Last One of the Cycle October 29, 2025 The Canadian policy interest rate has been reduced by 25 basis points to 2.25%. This was the fourth such cut of 2025 and comes on top of 175 bps of easing during the final seven months of 2023….
Thoughts Regarding the FOMC Statement and Powell Press Conference October 29, 2025 Two things unrelated to the characterization of current economic conditions pop up in today’s statement: The vote to cut confirm the 25-basis point interest rate cut was a spit one. Governor Miran as in September voted to reduce the interest rate by a…
October 2025 FOMC Meeting Preview October 29, 2025 A second consecutive 25-basis point cut of the federal funds rate target range to 3.75-4.00% is pretty universally expected after today’s 7th of eight 2025 scheduled policy reviews by the Federal Open Market Committee. At the first five reviews this year, monetary easing was on pause because…
A Very Busy Three Days Ahead October 29, 2025 The final three days of October are full of events that financial markets are following closely: A slew of companies are reporting 3Q earnings, including META, Alphabet, Microsoft, Caterpillar, UBS, CVS, Starbucks, ADP and Verizon. Nvidia beat expectations, sending its stock up 5% overnight thus far….
Krygyzstani Central Bank Interest Rate Cut October 28, 2025 There’s been a 75-basis point increase in the National Bank of Kyrgyzstan’s policy interest rate to 10.0%. This move follows an initial 25-bp increase in July, and together these moves unwind one percentage point of the 500-basis point reduction implemented in three steps between November 2022…
Attention To Trump’s Continuing Asian Tour but Also Upcoming Central Bank Decisions October 28, 2025 U.S. President Trump and Japan’s new prime minister, Sanae Takaichi, apparently hit it off very well. After inking deals on trade and rare earths, President Trump proclaimed the United States to be “an ally at the strongest level” of Japan….
Hopes Up that China-U.S. Truce on Trade Will Extend Beyond November 1st October 27, 2025 (168) Reports have been optimistic out of Asia where U.S. Treasury Secretary Bessent and his Chinese counterparts have been holding talks that will lead to a broader truce to be signed at the end of this week by Presidents Trump…
Next Week’s Menu: October 25 – 31, 2025 October 24, 2025 Central Banks: In the last week of October, monetary policies will be reviewed at the Federal Reserve, Bank of Japan, Bank of Canada, European Central Bank, and in Kyrgyzstan, Brazil and Colombia. Powell, Lagarde, Ueda and Macklem will hold press conferences afterward. Reserve Bank…
Russian Interest rate Cut October 24, 2025 The Bank of Russia’s policy interest rate was unexpectedly reduced by 50 basis points to 16.5%. The rate had been cut at each of the prior three reviews by a combined 400 basis points from 21% to 17%, and hopes of an early end to the war with…