Greetings,
The United States: The market has sharply repriced the fed funds rate trajectory over the past few days.
Equities: Despite slowing inflation, companies that benefit form higher prices have been outperforming.
The Eurozone: French current account deficit hit a record high, driven by deep trade deficit.
The United Kingdom: UK large caps are trading near record highs.
Commodities: This chart shows the evolution of gold production by country.
Rates: The 10-year Treasury yield held support at 3.3% and returned above its 50-day moving average. Resistance is around 4%.
Global Developments:Here is a look at monetary overhangs in the US, the Eurozone, and the UK.
Food for Thought: A rebound in mall visits?
Edited by Josh Oldmixon
Contact the Daily Shot Editor: Brief@DailyShotResearch.com
