Welcome To Monday

46
Mon, Apr 12, 2021 - 9:10am

For once, the week begins quietly with muted trading in London and a tight range on Comex. Chances are high it won't remain this way all week.

And there won't be much to move things today, either, save some Fed Goon appearance that I've not yet seen scheduled. If anything, the week has begun with the POSX a few ticks lower. We'll watch this beast all week long in the hope of a drop below....and a Friday close below...that important 92 level....

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Key Economic Events Week of 7/26

7/27 8:30 ET Durable Goods
7/27 9:00 ET Case-Shiller home prices
7/27 10:00 ET Consumer Confidence
7/28 2:00 ET FOMC Fedlines
7/28 2:30 ET CGP presser
7/29 8:30 ET Q2 GDP first guess
7/30 8:30 ET Personal Income and Spending
7/30 8:30 ET Core Inflation
7/30 9:45 ET Chicago PMI
7/30 10:00 ET UMich Consumer Sentiment

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