The Daily Shot Brief – May 5th, 2023

Greetings,

 

The United States: Wage growth is still too high to support a sustained drop in inflation.

Source: MRB Partners

 

The United Kingdom: Mortgage approvals topped expectations.

Source: The Daily Shot
Source: Reuters

 

The Eurozone: What are the drivers of weakening loan demand?

Source: TS Lombard

 

Cryptocurrency: It has been a mixed week for cryptos, with bitcoin roughly flat and XRP underperforming select crypto peers.

Source: FinViz

 

Commodities: Speculators increased their net-long gold positions as the precious metal outperforms the S&P 500.

Source: PGM Global

 

Energy: The remarkable decline in European natural gas prices continues.

Source: The Daily Shot

 

Food for Thought: UPS package volume:

Source: @TheDailyShot

 


Edited by Josh Oldmixon

Contact the Daily Shot Editor: Brief@DailyShotResearch.com


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