Greetings,
United States: Initial jobless claims remain stubbornly high relative to pre-pandemic levels.
![The Daily Shot Brief – July 23rd, 2021](https://thedailyshot.com/wp-content/uploads/US-Claims2107230434.png)
Eurozone: The ECB slightly adjusted its forward guidance based on the new strategy. The central bank is now even more dovish, with tapering unlikely to be announced this quarter.
![The Daily Shot Brief – July 23rd, 2021](https://thedailyshot.com/wp-content/uploads/EZ-ECB-ST2107230434.png)
The statement language was shorter and more direct.
![The Daily Shot Brief – July 23rd, 2021](https://thedailyshot.com/wp-content/uploads/EZ-Shorter-Language2107230434.png)
China: Lower trade policy uncertainty has been a positive for the renminbi.
![The Daily Shot Brief – July 23rd, 2021](https://thedailyshot.com/wp-content/uploads/CH-Trade-Policy-Uncertainty-v-CNY2107230434.png)
Commodities: Coffee futures soared in response to the situation in Brazil
![The Daily Shot Brief – July 23rd, 2021](https://thedailyshot.com/wp-content/uploads/CO-Coffee-ST2107230434.png)
![The Daily Shot Brief – July 23rd, 2021](https://thedailyshot.com/wp-content/uploads/CO-COffee2107230434.png)
Equities: Buyback activity has been recovering this year.
![The Daily Shot Brief – July 23rd, 2021](https://thedailyshot.com/wp-content/uploads/EQ-Buyback-announcements2107230434.png)
Food for Thought: Opposition to Tokyo Olympics:
![The Daily Shot Brief – July 23rd, 2021](https://thedailyshot.com/wp-content/uploads/VTG-AAA-Opposition-to-Tokyo-Olympics2107230434.png)
Edited by Richard Holmes
Contact the Daily Shot Editor: Editor@DailyShotLetter.com