The Daily Shot Brief – July 1st, 2024

Greetings,

 

The Eurozone: Let’s begin with the French elections.

Source: @bpolitics   Read full article  
Source: Reuters   Read full article  

 

The euro moved higher.

Source: The Daily Shot

 

China: The PMI index from S&P Global shows robust growth in factory activity.

Source: The Daily Shot

 

But the official PMI measure remains in contraction.

Source: The Daily Shot

 

Commodities: Most commodities are in a bear market, which typically precedes a period of weakness in the broad index.

Source: SentimenTrader  

 

Credit: Demand for leveraged loans remains robust.

Source: BofA Global Research  

 

Global Developments: Here is currency performance data for June and year-to-date.

Source: The Daily Shot

 

Food for Thought: Actions taken by adjustable-rate mortgage holders after the fixed-rate period ends:

Source: @CivicScience  

Edited by William Villacis

Contact the Daily Shot Editor: Brief@DailyShotResearch.com