Greetings,
The United States: Are the fears of a second inflation wave overblown? Below is a comment from Oxford Economics.
![](https://thedailyshot.com/wp-content/uploads/US-CPI-double-peak-spurious-correlation2406110543.png)
The Eurozone: The EUR/USD risk reversals show increased downside bias ahead of the French elections.
![](https://thedailyshot.com/wp-content/uploads/EZ-EUR-Risk-reversal2406110543.png)
Asia-Pacific: The wide gap between US and Japanese real rates could narrow as both nations reverse unconventional monetary policies.
![](https://thedailyshot.com/wp-content/uploads/JP-Yld-diff2406110543.png)
Commodities: Here is a look at commodity markets’ correlations to the S&P 500 and the US dollar.
![](https://thedailyshot.com/wp-content/uploads/CO-y-Correl2406110543.png)
Equities: According to the NY Fed’s Survey of Consumer Expectations, US households are increasingly upbeat on stocks.
![](https://thedailyshot.com/wp-content/uploads/EQ-NY-Fed-Survey2406110543.png)
![](https://thedailyshot.com/wp-content/uploads/EQ-NY-Fed-Survey-ST2406110543.png)
Credit: Investment-grade bond fund flows remain robust.
![](https://thedailyshot.com/wp-content/uploads/CR-IG-flows2406110543.png)
Global Developments: Speculative accounts have been cutting their US dollar exposure ahead of the rebound.
![](https://thedailyshot.com/wp-content/uploads/GL-Speculative-accounts-have-been-cutting-their-US-dollar-exposure-ahead-of-the-rebound2406110543.png)
Food for Thought: US teens’ labor force participation:
![](https://thedailyshot.com/wp-content/uploads/VTW-US-teensQ-labor-force-participation2406110543.png)
Edited by William Villacis
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