The Daily Shot Brief – June 3, 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
Excluding professional and business services, job openings in other industries have been stable.
United Kingdom
Mortgage approvals for house purchases rose for a fourth consecutive month. The continued strength is likely driven by households bringing forward purchases to lock in rates ahead of anticipated hikes from the Bank of England.
Euro Area
Here is a quick look at euro area inflation rates by country.
Asia-Pacific
Retail investors in South Korea have counterbalanced foreign investors’ outflows.
China
China’s RatingDog Services PMI rose to a three-month high, driven by improving new business, export orders, and hiring. However, profit margins remain under pressure as input costs hit a 19-month high while output prices were kept stable.
Equities
The spread between VIXEQ and VIX has surged to a record high.
Rates
The entire increase in 30-year nominal yield since 2022 has been driven by real yield.
