The Daily Shot Brief – February 12th, 2024

Greetings,

 

The United States: The market continues to scale back Fed rate cut expectations for 2024.

Source: The Daily Shot

 

Japan: USD/JPY is approaching long-term resistance, initially at 152.

Source: The Daily Shot

 

Cryptocurrency: This chart shows the largest US dollar stablecoins.

Source: @markets

 

Commodities: Sentiment in the canola market has deteriorated in recent months.

Source: The Daily Shot

 

Equities: The S&P 500 closed above 5,000 for the first time, moving deeper into overbought territory.

Source: The Daily Shot

 

Credit: Here is a look at last week’s performance data.

Source: The Daily Shot

 

Global Developments: More easing ahead for global financial conditions?

Source: Simon White, Bloomberg Markets Live Blog

 

Food for Thought: Data center chip spending:

Source: @financialtimes

 


Edited by Josh Oldmixon

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.

Leave a Reply