Greetings,
The United States: Companies are increasingly concerned about rising financing costs.
The Eurozone: The market is pricing in deeper ECB rate cuts ahead.
Japan: The BoJ will allow the 10-year JGB yield to rise further. Bonds sold off on the news.
Asia-Pacific: South Korea’s industrial production surprised to the upside.
China: The official manufacturing PMI unexpectedly entered contraction territory in October.
Equities: Here is Goldman’s sentiment indicator.
Commodities: US orange juice futures climbed above $400 for the first time.
Food for Thought: Surging insurance rates across the country due to extreme weather:
Edited by William Villacis
Contact the Daily Shot Editor: Brief@DailyShotResearch.com
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