The Daily Shot Brief – January 23rd, 2020



United States: Let’s begin with the housing market. Mortgage applications for home purchase remain at multi-year highs.

Source: The Daily Shot


United Kingdom: Traders are increasingly upbeat on the British pound. Here is the 3-month risk reversal.

Source: The Daily Shot


Eurozone: The French 10yr bond yield is back in negative territory as the yield curve flattens.

h/t Tradeweb


China: The Wuhan virus continues to spread.

Source: Commerzbank Research

It’s worth noting that China’s consumption took a hit during the SARS outbreak in 2003.

Source: Commerzbank Research


Equities: Profit growth slowed across the board last year, not just at weaker firms.

Source: Societe Generale, @jessefelder; Read full article


Food for Thought: Consumer spending net of income:

Source: Deutsche Bank Research

Edited by Daniel Moskovits

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