The Daily Shot Brief – May 10th, 2024

Greetings,

 

The United States: Initial jobless claims jumped last week, sparking concerns over potential weaknesses in the labor market.

Source: The Daily Shot

 

The United Kingdom: Speculative accounts are betting on a weaker pound in anticipation of the Bank of England’s impending rate cuts.

Source: The Daily Shot

 

Emerging Markets: Mexico’s headline inflation increased last month, but the core CPI continues to ease.

Source: The Daily Shot
Source: MarketWatch

 

Commodities: Gold is surging again.

Source: The Daily Shot

 

Energy: This chart shows how conflicts impacting the Persian Gulf have impacted the oil price.

Source: Alpine Macro

 

Equities: The Dow has been up for seven consecutive trading sessions.

Source: The Daily Shot

 

Food for Thought: Robots in manufacturing:

Source: The Economist

 


Edited by Josh Oldmixon

Contact the Daily Shot Editor: Brief@DailyShotResearch.com




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