Greetings,
Equities: So far, US homebuilding stocks have shrugged off accelerating mortgage rates.
Emerging Markets: EM bond prices continue to sink in dollar terms.
Commodities: Surging real rates and the US dollar rally continue to pose downside risks for gold.
The United States: The September ISM Manufacturing PMI exceeded expectations, indicating an easing in the US factory slump.
Last month, the decline in rents was greater than the typical decrease observed in September.
The Eurozone: The manufacturing slump continued last month, with the PMI report pointing to weakness in industrial production.
Asia-Pacific: JGB yields continue to grind higher.
Food for Thought: Here are the largest metro populations globally:
Edited by William Villacis
Contact the Daily Shot Editor: Brief@DailyShotResearch.com
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