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United States: In contrast with the CPI report, producer price data surprised to the upside. The monthly increase in the core PPI hit a multi-year high.

United Kingdom: Business investment was weaker than expected.

Eurozone: The recovery in consumer confidence points to rising private consumption.

China: Despite the recent selloff, the Hang Seng TECH index is still trading at a premium to the Nasdaq 100.

Emerging Markets: Asset managers are no longer unwinding their bets on EM equities.

Food for Thought: Car buyers considering an electric vehicle, by country:

Edited by Richard Holmes
Contact the Daily Shot Editor: Editor@DailyShotLetter.com