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The United States: The market interpreted Powell’s comments as being a bit on the hawkish side, pushing the probability of another rate hike to 65%.
Credit card delinquencies are grinding higher as consumers face headwinds.
Credit: Stressed credits have been outperforming.
Equities: This month, the S&P 500 failed to achieve two consecutive daily gains – a phenomenon not seen in years.
Japan: The BoJ’s JGB purchases are expected to hit a record high this year.
The Eurozone: Germany’s Ifo sentiment index surprised to the downside.
Food for Thought: Active trading by members of Congress:
Edited by William Villacis
Contact the Daily Shot Editor: Brief@DailyShotResearch.com
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