The Daily Shot Brief – August 5th, 2019

Greetings,

 

The United States: The two charts below show the evolution of US tariffs.

Source: Oxford Economics
Source: @acemaxx, @PictetWM

 

The Eurozone: The currency bloc’s producer prices appear to be headed for deflation.

Source: The Daily Shot

 

China: China was already facing capital outflows. The renminbi’s weakening is expected to accelerate this trend.

Source: IIF

 

Global Developments: There is more downside to global trade volumes.

Source: Capital Economics

Food for Thought: The ease of doing business:

Source: TD Securities

 


Edited by Joseph N Cohen

 

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Thanks to Josh Marte (@joshdigga), Matt Garrett (@MattGarrett3), Joseph Cohen (@josephncohen), Ycharts.com, S&P Global, and Moody’s Investors Service for helping with the research for the Daily Shot.

We would also like to thank the Federal Reserve Bank of St. Louis for the incredible job they have done providing data and graphics to the public. Here is the credit and legal notice related to all FRED charts: FRED® Graphs ©Federal Reserve Bank of St. Louis. All rights reserved. All FRED® Graphs appear courtesy of Federal Reserve Bank of St. Louis. http://research.stlouisfed.org/fred2/


Contact the Daily Shot Editor: Editor@DailyShotLetter.com

 

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