The Daily Shot Brief – June 6th, 2023

Greetings,

 

The United States:   The ISM Services PMI signals stalled business activity growth in May.

Source: The Daily Shot
Source: MarketWatch  Read full article

 

The Eurozone: The Euro has consolidated its gains versus the dollar and Swiss franc this year, although its short-term uptrend remains intact versus an equal-weighted basket of interest rate-sensitive currencies such as AUD, CAD, and GBP.

Source: MRB Partners

 

Japan: Household spending in April was below forecasts.

Source: The Daily Shot
Source: Nippon  Read full article

 

Australia: The RBA caught markets off guard with an unexpected rate hike while also cautioning about further impending increases. Here is the yield curve.

Source: The Daily Shot

 

Cryptocurrency:  Bitcoin saw a spike in long liquidations on Monday as the crypto’s price fell below $26K. News of the SEC’s lawsuit against Binance and its CEO unsettled crypto markets.

Source: Coinglass
Source: @WSJ  Read full article

 

Equities: Here is a look at market fear indicators.

Source: Morgan Stanley Research

 

Food for Thought: Here are states with high cybercrime-related losses:

Source: @TheDailyShot

Edited by William Villacis

Contact the Daily Shot Editor: Brief@DailyShotResearch.com


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