An Eventful Week Ends

Fri, Nov 12, 2021 - 10:35am

But I'm jumping the gun here because it ain't over yet and we have hours to go before everything shuts down and the weekly charts get painted.

So we'll see what happens today. As we discussed yesterday, there will be the threat of a Bank Smash all day today whether it's prompted by data or Fed Goon drivel. Already we've seen a pretty steep drop in London as US interest rates moved higher. But then rates reversed and headed back to UNCH and this allowed CDG and CDS to bounce back a little. As I type, CDG is still down on the day but hanging in there....

About the Author

tfmetalsreport [at] gmail [dot] com ()

34 Comments on An Eventful Week Ends

Subscribe or login to read all comments.

Become member and subscribe to Turd's Vault


Donate Shop

Get Your Subscriber Benefits

Private iTunes feed for all TF Metals Report podcasts, and access to Vault member forum discussions!

Key Economic Events Week of 11/22

11/23 9:45 ET Markit Nov Flash PMIs
11/24 8:30 ET Q3 GDP 2nd guess
11/24 8:30 ET Durable Goods
11/24 10:00 ET Personal Inc and Spend
11/24 10:00 ET Core Inflation
11/24 10:00 ET UMich Consumer Sentiment
11/24 10:00 ET Five-year Inflation Exp.
11/24 2:00 ET November FOMC minutes

Recent Comments

by OceanX, 3 hours 20 min ago
by Fargo Rodger, 3 hours 49 min ago
by naegling11, 3 hours 52 min ago
by CC Horses, 3 hours 53 min ago
by mackvorkian, 4 hours 55 min ago