Greetings,
The United States: Mortgage applications are nearing a year-over-year gain for the first time since 2021.
Emerging Markets: Brazil’s central bank raised rates after a period of monetary easing as the economy strengthens. This type of reversal gives many central bankers nightmares.
Asia-Pacific: Has Japan’s stock market decline been overly steep, considering the strong earnings performance?
Commodities: Sugar prices continue to surge, up 11% over the past three days.
Equities: Fund managers remain pessimistic about global growth, in contrast to the ongoing stock market rally.
Credit: How did the credit markets respond to the Fed’s 50 bps rate cut?
Food for Thought: Impact of high temperatures on European birth rates:
Edited by William Villacis
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