The Daily Shot Brief – March 11th, 2024

Greetings,

 

The United States: February’s job gains exceeded expectations, yet the underlying trends in the employment report indicate a softening labor market.

Source: The Daily Shot

 

The United Kingdom: The employment PMI signals a contraction in permanent placements and temp agency billings.

Source: The Daily Shot

 

China: The PPI remains in negative territory.

Source: The Daily Shot

 

Cryptocurrency: There is an active market for Bitcoin call options with strikes near $100k.

Source: @crypto

 

Commodities: Traders are boosting their bets on hog futures.

Source: The Daily Shot

 

Equities: ETFs that use options strategies have become very popular.

Source: @financialtimes

 

Food for Thought: Smartphone shipments:

Source: Statista

 


Edited by Josh Oldmixon

Contact the Daily Shot Editor: Brief@DailyShotResearch.com


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