Futures have bounced back from overnight lows in advance of Jay Powell’s comments at 12pm ET at the Economic Club of NY. continued for members… … continue reading →
Tag Archives: inflation
Futures are up modestly following establishment of a new rising channel. continued for members… … continue reading →
September PPI came in at 0.5% versus 0.3% expectations, briefly driving down futures prices…until VIX was hammered back down. Its 200-day moving average continues to be the critical threshold for algos. It remains to be seen whether tomorrow’s CPI print can also be ignored. continued for members… … continue reading →
Futures have rebounded modestly following yesterday’s drubbing. The Conference Board’s Consumer Confidence Index’s plunge from 108.7 to 103 did little to convince investors that the consumer is still doing well. Perhaps the more important question: will it outweigh, in the minds of FOMC members, the stellar 0.9% increase in August for core capital goods? continued … continue reading →
Futures are up moderately in advance of this afternoon’s FOMC meeting. continued for members… … continue reading →
Futures are off slightly as we approach the open, with an FOMC rate decision and plenty of economic data in the week ahead. continued for members… … continue reading →
August CPI came in at 0.6% MoM and 3.7% YoY, slightly higher than expectations. Core CPI was 0.3% MoM and 4.3% YoY, also higher than expectations. This is in line with our forecast, driven largely by higher costs for rent, transportation, and energy. Futures are flat ahead of the open… …with VIX making lower lows … continue reading →
Futures gave back most of yesterday’s gains overnight as the August CPI print approaches. Our gas price model suggests headline CPI is due for a significant increase. continued for members… … continue reading →
Futures are up about 0.50% percent on a rebound in tech shares. continued for members… … continue reading →
Futures have slipped about 10 points on quiet trading. continued for members… … continue reading →