Greetings,
The United States: US durable goods orders surged in July, driven by strong aircraft orders.
Emerging Markets: Speculative BRL short positions appear stretched as BRL/USD tests support at the bottom-end of its trading range.
Commodities: Sugar futures are rebounding.
Energy: Brent crude prices surged amid uncertainty in the Middle East and oil field shutdowns in Libya.
Equities: Companies outside the Magnificent 7 are expected to contribute more to S&P 500 earnings per share over the next few quarters.
Credit: Leveraged loan funds are experiencing outflows as the Fed prepares for rate cuts.
Food for Thought: Dating apps active users:
Edited by William Villacis
Contact the Daily Shot Editor: Brief@DailyShotResearch.com
Subscribe to the Daily Shot Brief
