The Daily Shot Brief – April 30th, 2024

Greetings,

 

The United States: Here is a look at Fed rate cut probabilities at this year’s FOMC meetings.

Source: Alpine Macro  

 

China: The S&P Global China Manufacturing PMI:

Source: The Daily Shot
Source: Reuters   Read full article  

 

Commodities: Gold is trading at a premium on the Shanghai Exchange relative to the US-based Intercontinental Exchange (ICE), and ETF holdings have diverged between the two markets.

Source: BCA Research  

 

Cocoa futures saw a sharp pullback on Monday.

Source: The Daily Shot
Source: @markets   Read full article  

 

Equities: In the current earnings season, EPS surprises have been the highest since 2021 (so far).

Source: Morgan Stanley Research; @carlquintanilla  

 

Global Developments:  Leading indicators continue to signal an acceleration in global factory activity.

Source: @TheTerminal, Bloomberg Finance L.P.; h/t @michaelmottcm  
Source: BofA Global Research  

 

Food for Thought:  Largest health insurers’ revenue as a share of US health spending:

Source: @axios   Read full article  

Edited by William Villacis

Contact the Daily Shot Editor: Brief@DailyShotResearch.com




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