Greetings,
United States: The range of expectations for October is the tightest since the start of the pandemic.
United Kingdom: Both Barclays and the BoE forecast inflation to surpass the 4% upper-bound set by the central bank by the end of the year …
…which could signal the beginning of rate hikes.
China: What share of China’s corporate revenues comes from abroad?
Commodities: Cocoa prices tumbled on Tuesday. Favorable weather conditions in West Africa and ample cocoa supplies at US ports put pressure on the commodity. There won’t be any shortages of chocolate for the holidays.
Source: Daily Shot
Energy: Most major exporters’ governments are “in the money” on oil prices.
Food for Thought: Wealth held by the middle-class:
Edited by Devon Lall
Contact the Daily Shot Editor: Editor@DailyShotLetter.com
