The Daily Shot Brief – June 1, 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
Capital goods imports continued to surge as businesses ramped up purchases of AI-related hardware.
Euro Area
Germany’s labor report showed unexpected strength in May, as the number of unemployed persons fell after rising for six months, defying expectations for a further increase.
Japan
Japan confirmed its first yen-buying intervention since 2024, spending a record ¥11.73 trillion ($73.6 billion) between April 28 and May 27 to slow the currency’s slide.
China
China’s official NBS Manufacturing PMI edged down to 50 and signaled that manufacturing activity stalled.
Equities
Software stocks posted the strongest month since 2001, as strong earnings and AI-driven demand eased fears that artificial intelligence would disrupt the sector’s growth prospects.
Commodities
Here is a snapshot of price trends across individual commodities.
Global Developments
Global semiconductor sales have gone parabolic.
