The Daily Shot Brief – October 20th, 2021

Greetings,

 

United States: Residential construction eased in September, with single-family housing starts and construction permits dipping below last year’s levels.

The Daily Shot Brief – October 20th, 2021
Source: Daily Shot
The Daily Shot Brief – October 20th, 2021
Source: Reuters Read full article

 

Europe: Which countries are most dependent on Russian natural gas?

The Daily Shot Brief – October 20th, 2021
Source: The Economist Read full article

 

China: Beijing is trying once again to curb coal prices.

The Daily Shot Brief – October 20th, 2021
Source: Bloomberg Read full article

 

Part of the problem is the disconnect between coal and electricity prices. The end users have no incentive to cut electricity consumption.

The Daily Shot Brief – October 20th, 2021
Source: Gavekal Research

 

Cryptocurrency: The ProShares Bitcoin Strategy ETF (BITO) made its trading debut on Tuesday.

The Daily Shot Brief – October 20th, 2021
Source: CoinDesk
The Daily Shot Brief – October 20th, 2021
Source: TradingView

 

Commodities: The London copper market experienced an unprecedented squeeze as inventories shrunk.

The Daily Shot Brief – October 20th, 2021
Source: Bloomberg Read full article

 

LME inventories:

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

 

Food for Thought: CBD product preferences:

The Daily Shot Brief – October 20th, 2021
Source: @CivicScience Read full article

Edited by Devon Lall

Contact the Daily Shot Editor: Editor@DailyShotLetter.com


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