Greetings,
The United States: Households are increasingly concerned about higher unemployment ahead, which often serves as a leading indicator for the unemployment rate.
![](https://thedailyshot.com/wp-content/uploads/US-Mich-Unempl2405130545.png)
Canada: Canada’s April employment gains were well above forecasts.
![](https://thedailyshot.com/wp-content/uploads/CA-Empl2405130545.png)
![](https://thedailyshot.com/wp-content/uploads/CA-Empl-ST2405130545.png)
The probability of a BoC June rate cut dipped below 50% following the strong employment report.
![](https://thedailyshot.com/wp-content/uploads/CA-2-June2405130545.png)
China: Net aggregate financing was negative as net government debt issuance declined.
![](https://thedailyshot.com/wp-content/uploads/CH-Cred-Gov2405130545.png)
![](https://thedailyshot.com/wp-content/uploads/CH-Cred-ST2405130545.png)
Commodities: Iron ore prices have sharply diverged from the rise in stocks at Chinese ports.
![](https://thedailyshot.com/wp-content/uploads/CO-Iron-ore2405130545.png)
Credit: Is rising unemployment signaling wider high-yield spreads?
![](https://thedailyshot.com/wp-content/uploads/CR-HY-OAS-v-unempl2405130545.png)
Food for Thought: Record earnings in the live-music industry:
![](https://thedailyshot.com/wp-content/uploads/VTB-Record-earnings-in-the-live-music-industry2405130545.png)
Edited by William Villacis
Contact the Daily Shot Editor: Brief@DailyShotResearch.com
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