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The United States: One driver of the services PPI gains was a sharp increase in portfolio management fees. Stock market gains boosted the dollar amount charged for asset management.
Despite higher gasoline prices, consumer inflation expectations eased this month.
Equities: BofA’s private clients have been dumping growth stocks.
Rates: TIPS flows are rebounding.
The United Kingdom: The GDP report surprised to the upside with robust gains in June.
China: Loan growth hit a multi-year low. Here are year-over-year changes.
Emerging Markets: Turkey’s current account swung into surplus in June.
Food for Thought: Opening weekends for films and box-office revenue:
Edited by William Villacis
Contact the Daily Shot Editor: Brief@DailyShotResearch.com
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