The Daily Shot Brief – August 20th, 2021

Greetings,

Administrative Update

1. Please note that The Daily Shot will not be published on Friday, September 3rd and Monday, September 6th.

2. If you post our charts on social media, we ask that you please credit “The Daily Shot” (@SoberLook or @TheDailyShot on Twitter).

United States: Robert Kaplan, one of the more hawkish Fed officials, suggested that he may rethink the timing of taper as the pandemic situation worsens (data below).

The Daily Shot Brief – August 20th, 2021
Source: MarketWatch Read full article
The Daily Shot Brief – August 20th, 2021
Source: InTouch Capital Markets

That message was a signal for the stock market to rip higher. The “buy-the-dip” crowd is proven right once again.

The Daily Shot Brief – August 20th, 2021
Source: The Daily Shot

 

Eurozone: Inflation differentials between the Eurozone and the US …

The Daily Shot Brief – August 20th, 2021
Source: The Daily Shot

… point to a weaker euro (stronger dollar) ahead.

The Daily Shot Brief – August 20th, 2021
Source: Nordea Markets

 

China: The renminbi continues to strengthen against other currencies.

The Daily Shot Brief – August 20th, 2021
Source: The Daily Shot

 

Energy: Speculative accounts have been cutting their bets on WTI crude.

The Daily Shot Brief – August 20th, 2021
Source: Fundamental Analytics

 

Rates: The Fed’s RRP balances continue to climb (banks and money market funds depositing cash at the Fed).

The Daily Shot Brief – August 20th, 2021
Source: The Daily Shot

 

Food for Thought: The global impact of climate change:

The Daily Shot Brief – August 20th, 2021
Source: @chartrdaily

Edited by Daniel Moskovits

Contact the Daily Shot Editor: Editor@DailyShotLetter.com


If you would like to subscribe to the full-length Daily Shot (see example), please register here.

0 条回复 A文章作者 M管理员
    暂无讨论,说说你的看法吧
个人中心
有新私信 私信列表
搜索

⚠️风险提示:本站所有的信息和数据仅供参考,不构成投资建议,RiskMacro不承担由此导致的任何责任。