Greetings,
The United States: Economists are still waiting to see further improvements in capital goods orders.
The Eurozone: This chart compares labor productivity for Italy, Spain, and Germany.
Energy: Here are some scenarios for Iran’s oil exports going forward.
Equity Markets: Investment banking revenues in equities have improved in the first quarter, driven primarily by prime services (stock lending and other financing services to hedge funds) and equity derivatives.
China: China’s weakening credit impulse surprised some economists.
Emerging Markets: This chart shows the growth in Turkeys’ external financing needs.
Food for Thought: Take-home wages globally.
Edited by Joseph Cohen
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Thanks to Josh Marte (@joshdigga), Matt Garrett (@MattGarrett3), Joseph Cohen (@josephncohen), Ycharts.com, S&P Global, and Moody’s Investors Service for helping with the research for the Daily Shot.
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