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…
September U.S. CPI Inflation a Tad Lower Than Forecast; Preliminary October PMI Survey Results Out Too October 24, 2025 Only a discernibly worse U.S. inflation report than anticipated was likely to dampen high expectations of a Federal Reserve interest rate cut next week, and that danger has been averted. Although up 0.1 percentage point to…
Turkish Central Bank Interest Rate Cut to 39.5% October 23, 2025 A one-percentage point reduction of the Central Bank of Turkey‘s 1-week repo rate to 39.5% today is also aligned with market expectations. The rate had been as high as 50% from March 2024 though January of this year. But today’s rate drop was smaller…
Interest Rate Decisions in Korea, Turkey and Ukraine Today Were As Expected October 23, 2025 While a planned meeting between President Trump and Xi next week in South Korea is back on schedule, the get-together between Trump and Putin planned for Budapest remains canceled due to Russia’s intransigence against negotiating an end to the war…
British CPI Inflation Not as High in September as Thought October 22, 2025 Less than 36 hours ago, investors were anticipating key meetings between President Trump and the leaders of Russia and China later this month. Symptomatic of other geopolitical flip-flops, each of those meetings now seems in doubt. This second Trump administration has been…
Guarded Confidence in Financial Community October 21, 2025 Investors are looking ahead with a modicum of hope. Specific events of special interest in the near term are the rare earths trade deal between Australia and the United States, Friday’s delayed release of U.S. September consumer price data, trade talks this week in Malaysia between Treasury…
Spotlight on China October 20, 2025 (169) In contrast to 38 years ago when the DOW plunged 22.6% on October 19, 1987, week four of this October kicked off on a hopeful note following upbeat U.S. official comments about prospects for averting worst-case trade scenarios after October 31 when the current trade truce with China runs…