The Daily Shot Brief – June 6th, 2024



The United States: The market is settling on two Fed rate cuts this year.

Source: The Daily Shot


Canada: The Bank of Canada has initiated a cycle of monetary easing.

Source: The Daily Shot
Source: Reuters   Read full article  


The Eurozone: Services PMIs indicated robust growth in Germany, Italy, and Spain last month.

Source: The Daily Shot


Japan: Import prices point to further easing in Japan’s core goods CPI.

Source: Capital Economics  


Equities: Will Nvidia’s rally continue? The options market sees a 14% probability of the share price exceeding $1600 by late September and 19% by the end of the year (current price is $1224).

Source: @MadsEberhardt  


Global Developments: Central banks stepped up rate cuts in May.

Source: Truist Advisory Services  


Food for Thought: The neurotech device market:

Source: Yahoo Finance   Read full article  

Edited by William Villacis

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