Greetings,
The United States: Homebuilder sentiment continues to deteriorate as construction firms anticipate declines in new home sales in the coming months.
The Eurozone Option traders now demand the largest premium to protect against EUR/USD downside since late-2022.
Europe: The SNB unexpectedly cut rates, sending the Swiss franc and Swiss bond yields lower.
China: The market is increasingly pricing monetary easing in China as the 2-year government bond yield keeps drifting lower.
Energy: US natural gas prices are forecasted to rise in the summer mainly because of relatively flat production and a seasonal increase in demand from the power sector.
Equities: The momentum factor outperformance has been remarkable.
Food for Thought: Carnival’s income statement per passenger:
Edited by William Villacis
Contact the Daily Shot Editor: Brief@DailyShotResearch.com
Subscribe to the Daily Shot Brief
