The Daily Shot Brief – May 14th, 2024

Greetings,

 

The United States: Negative economic surprises signal lower Treasury yields ahead.

Source: @TheTerminal, Bloomberg Finance L.P.  

 

Commodities: Cocoa futures took a massive hit on Monday.

Source: The Daily Shot
Source: The Spokesman-Review    Read full article  

 

It’s been a good month for milk futures.

Source: The Daily Shot

 

Japan: JGB yields are surging, with the 30-year rate climbing above 2%.

Source: The Daily Shot
Source: @economics   Read full article  
Source: @markets   Read full article  

 

Equities: The Reddit crowd’s “pump ‘n dump” activity is back.

Source: @TheTerminal, Bloomberg Finance L.P.  
Source: ABC News   Read full article  

 

The Eurozone: After months of persistent downgrades, economists have upgraded Germany’s GDP growth forecasts for this year (slightly).

Source: The Daily Shot

 

Energy: Capital Economics expects OPEC+ production cuts will start to be unwound from July.

Source: Capital Economics  

 

Food for Thought: A warm April:

Source: @axios   Read full article  

Edited by William Villacis

Contact the Daily Shot Editor: Brief@DailyShotResearch.com




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