Greetings,
The United States: Prime-age labor force participation has been surging, which in theory, should slow wage growth.
The Eurozone: Germany’s factory orders unexpectedly tumbled in March, raising recession concerns.
Asia-Pacific: AUD/USD has not kept up with the rise in industrial metal prices.
Credit: Bank deposits declined further going into April month-end.
Foreign banks’ US dollar deposits saw the largest monthly decline since 2011.
Equities: Hedge fund clients haven’t been this bearish on stocks in at least a decade.
Emerging Markets: Turkey’s equities have been under pressure ahead of the elections.
Food for Thought: Lastly, here are the top prescription drugs in the US:
Edited by William Villacis
Contact the Daily Shot Editor: Brief@DailyShotResearch.com
