Greetings,
United States: The ISM Manufacturing PMI report topped market forecasts, showing US factory activity accelerating in February.
The report points to further gains in the nation’s industrial production.
Eurozone: As deposits swell, German lenders are starting to charge customers for holding money at the bank.
Europe: What is the effect of a 1% public investment increase on private investment?
Japan: Japan’s central bank (BoJ) is a publicly listed entity, trading on the Jasdaq (Belgium, Greece, and Switzerland also have publicly listed central banks). BoJ shares soared on Monday.
Rates: Mortgage hedging caused a sharp increase in swap trading volumes.
Is the market too hawkish on the timing and the pace of Fed rate hikes?
Food For Thought: Zoom meeting attention span:
Edited by Devon Lall
Contact the Daily Shot Editor: Editor@DailyShotLetter.com
