The Daily Shot Brief – July 1st, 2024



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: