The Daily Shot Brief – April 4th, 2024

Greetings,

 

The United States: The ISM Services PMI fell short of expectations indicating slower consumer spending and weaker economic growth.

Source: Pantheon Macroeconomics
Source: Oxford Economics

 

Europe: Swiss bond yields dropped as the market prices in more SNB rate cuts.

Source: The Daily Shot

 

Asia – Pacific: South Korean banks could see a rebound in net interest income.

Source: BofA Global Research

 

Emerging Markets: Turkey’s core inflation exceeded 75% in March, leading to increased support for Erdogan’s opposition.

Source: The Daily Shot
Source: Reuters  Read full article

 

Lower inflation could pressure the Reserve Bank of India to cut rates.

Source: Gavekal Research

 

Equities: Goldman sees share buybacks driving demand for stocks this year.

Source: Goldman Sachs; @WallStJesus

 

Food for Thought: The rise of TikTok for news:

Source: @financialtimes  Read full article

Edited by William Villacis

Contact the Daily Shot Editor: Brief@DailyShotResearch.com


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