Greetings,
The United States: Homebuilder sentiment improved again this month as sales expectations climbed.
Equities: The Nasdaq tends to rise into the final Fed rate hike.
Credit: So far, there has been no liquidity drain since the debt ceiling deal. According to Deutsche Bank, the increase in T-Bill issuance has been (roughly) fully absorbed by a rotation of liquidity away from the Fed’s RRP facility.
The Eurozone: The bounce in EUR/USD in recent weeks has not been matched by interest rate differentials.
Japan: The yen typically appreciates during recessions.
Commodities: How does El Niño impact grain crops?
Food for Thought: Lastly, these are the top seven countries international students in the US are from:
Edited by William Villacis
Contact the Daily Shot Editor: Brief@DailyShotResearch.com
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