The Daily Shot Brief – July 30, 2026
This is the Daily Shot Brief, an abridged version of The Daily Shot. If you would like to subscribe to the full-length Daily Shot (see example), please register here.
United States
The FOMC held rates at 3.5%–3.75% as expected.
United Kingdom
Household credit creation accelerated in June, driven by robust mortgage lending and strong expansion in consumer borrowing that comfortably beat consensus estimates.
Euro Area
Germany’s Q2 GDP growth slowed modestly but proved more resilient than expected.
Europe
The KOF Economic Barometer also improved, pointing to positive near-term economic momentum.
Japan
Consumer confidence rose for a third consecutive month in July, topping consensus expectations behind notable gains in the employment outlook.
Asia-Pacific
The Kospi posted the worst five-day return since the Global Financial Crisis.
China
Nomura sees China’s AI-driven growth becoming increasingly geographically K-shaped, with seven “smart” cities outperforming in H1 2026 while the rest of the country slowed.
Emerging Markets
Historically, whenever BCA’s EM Equity Risk Indicator has exceeded one standard deviation, EM share prices have gone on to form a major top. At present, the indicator exceeds one and a half standard deviations—well past that threshold.
Equities
A reminder that the key to compounding wealth over the long run is to avoid catastrophic losses.
