Greetings,
The United States: To begin, elevated layoffs point to higher jobless claims ahead.
The Eurozone: Here is what the market is pricing in for ECB rate changes.
China: Property stocks are surging.
Equities: For the first time in 26 weeks, there were more earnings upgrades than downgrades.
Energy: WTI temporarily moved back into backwardation on the Keystone news.
Emerging Markets: The currency devaluation is causing Egypt’s inflation to surge again.
Cryptocurrency: It has been a mixed week for cryptos, with Ethereum outperforming other top tokens.
Food for Thought: To conclude the week, here is the change in cost to deliver cargo into orbit:
Edited by William Villacis
Contact the Daily Shot Editor: Brief@DailyShotResearch.com
If you would like to subscribe to the full-length Daily Shot (see example), please register here.
