The Daily Shot Brief – October 12th, 2021

Greetings,   China: Thermal coal prices hit a new high today amid falling inventories and strong demand for electricity.   Asia-Pacific: Australia dominates the global iron ore supply. Slowing demand from China does not help.   Japan: Producer prices increased more than expected last month. With consumer inflation remaining depressed, the PPI spike could put …

The Daily Shot Brief – October 6th, 2021

Greetings,   Energy: European energy prices have gone vertical. These unprecedented market moves will scar European and global economies by squeezing corporate margins and ultimately cutting into households’ disposable incomes and sentiment.   Rates: Morgan Stanley expects the Fed’s RRP (reverse repo) program usage to peak in size when the debt ceiling is resolved (when …

The Daily Shot Brief – September 28th, 2021

Greetings,   Energy: US frac spread count picked up momentum as prices surge.   Equities: Rate-sensitive stocks such as utilities and REITs sold off.   Commodities: Commodity ETFs are seeing outflows after months of massive inflows.   Cryptocurrency: Some traders have piled into DeFi tokens in the wake of China’s crypto ban.   By the way, Uniswap …