The Daily Shot Brief – June 27th, 2024

Greetings,

 

The United States: Mortgage applications softened last week, now running more than 40 % below levels seen in recent years.

Source: The Daily Shot

 

The United Kingdom: Retail sales unexpectedly declined this month.

Source: The Daily Shot
Source: Reuters   Read full article  

 

Japan: Dollar-yen is trading above 160 despite diverging for the rate differential with the US.

Source: The Daily Shot
Source: CNBC   Read full article  

 

Energy: China’s weak credit expansion has been a headwind for crude oil demand.

Source: Simon White, Bloomberg Markets Live Blog  

 

Credit: Leveraged loan repricing surged this year.

Source: @financialtimes   Read full article  

 

Rates: Flows into TLT (long-duration Treasury ETF) surged this week.

Source: The Daily Shot

 

Food for Thought: Production and prices of ice cream in the US:

Source: Federal Reserve Bank of St. Louis   Read full article  

Edited by William Villacis

Contact the Daily Shot Editor: Brief@DailyShotResearch.com




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