Greetings,
The United States: The market expects the Federal Reserve to raise rates this week, but the probability of further increases remains relatively low. Most economists see the July increase as the end of the hiking cycle.
The United Kingdom: Consumer confidence deteriorated in July.
Asia-Pacific: Australia’s manufacturing activity has stabilized, but services are now in contraction territory.
Commodities: Rice prices have been surging.
Equities: Options activity shows rising optimism.
Rates: The US real yield curve is increasingly inverted as short-term inflation expectations ease.
Food for Thought: Emigrating millionaires:
Edited by Josh Oldmixon
Contact the Daily Shot Editor: Brief@DailyShotResearch.com
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