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The Eurozone: Implied volatility in the rates markets has been trending lower.
The United States: Estimates for growth in imports and exports have diverged.
The United Kingdom: Retail sales declined more than expected last month.
Equities: The rally is increasingly dominated by tech/growth stocks, with the rest of the market lagging. Here is last week’s performance by sector:
Commodities: There is a growing divergence in the performance of copper mining equities and the spot price.
Emerging Markets: The Vietnamese dong has been under pressure.
Cryptocurrency: Ether open interest surged last week on hopes of a spot-ETF approval. Funding rates also flipped positive from yearly lows, reflecting bullish sentiment.
Food for Thought: Value of investments in pandemic winners in the post-pandemic world:
Edited by William Villacis
Contact the Daily Shot Editor: Brief@DailyShotResearch.com
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