The Daily Shot Brief – May 3rd, 2024

Greetings,

 

The United States: The ISM Manufacturing Index dipped back into contraction territory in April.

Source: The Daily Shot

 

The United Kingdom: Home prices declined again last month.

Source: The Daily Shot
Source: Reuters

 

Japan: The yen is rebounding following what appears to be the Bank of Japan’s second intervention in a week.

Source: The Daily Shot
Source: See Bloomberg Video

 

Emerging Markets: Chile’s economic activity eased in March from all-time highs.

Source: The Daily Shot

 

Equities: The market liked what it heard from Apple, sending share prices higher after the close.

Source: The Daily Shot
Source: CNBC

 

Rates: Historically, the 10-year Treasury yield has declined around FOMC days but has collectively risen outside of FOMC days.

Source: Deutsche Bank Research

 

Food for Thought: US births hit a multi-decade low.

Source: @jessicanix_, @business

 


Edited by Josh Oldmixon

Contact the Daily Shot Editor: Brief@DailyShotResearch.com




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