The Daily Shot Brief – June 24, 2026
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United States
Goldman’s Current Activity Indicator (CAI) for the US also shows solid growth at 2.5% in June.
Euro Area
Germany’s weekly activity index slumped to the lowest level since 2022.
Asia-Pacific
Australia’s headline inflation cooled more than expected in May, driven by sharp declines in volatile components like domestic travel and automotive fuel. However, underlying price pressures proved stickier, as the RBA’s trimmed-mean CPI accelerated, fueled by persistent housing and services inflation.
China
China’s cumulative fiscal deficit narrowed for the first time since 2023 as government spending declined, signaling a less supportive fiscal stance.
Equities
The year-to-date return of the Russell 2000 is the strongest since 1991.
h/t @MikeZaccardi
Rates
US real yields have risen sharply.
Commodities
Nickel slumped below its long-term support.
