Greetings,
The United States: The rapidly falling quits rate points to further employment cost index (ECI) easing.
The Eurozone: Services inflation remains elevated, exacerbated by labor shortages.
China: The Manufacturing PMI from S&P Global dipped into contraction territory in July, confirming the official PMI data.
Emerging Markets: India’s key industries’ growth slowed in June.
Commodities: Funds have been trimming their bets on copper.
Equities: The S&P 500 index price has decoupled from market breadth.
Food for Thought: Number of data centers by country:
Edited by William Villacis
Contact the Daily Shot Editor: Brief@DailyShotResearch.com
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