Back Into The Green

The latest report on US inflation came in lower than expected today and, with it, came lower fed funds rate hike expectations, too. This has led to a sharp drop in bond yields and the POSX which, in turn, has spiked both Comex digital metals.

Here are the actual CPI numbers:

Here's the POSX in the time since:...

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Key Economic Events Week of 6/17

6/17 8:30 ET Empire Fed
6/17 1:00 ET Goon Harker
6/18 8:30 ET Retail Sales
6/18 9:15 ET Cap Ute & Ind Prod
6/18 10:00 ET Business Inventories
6/18 1:00 ET Goons Kugler & Logan
6/18 2:00 ET Goon Ghoulsbee
6/19 US Markets closed
6/20 8:30 ET Housing starts
6/20 8:30 ET Philly Fed
6/21 9:45 ET S&P flash PMIs June
6/21 10:00 ET Home sales
6/21 10:00 ET LEIII
6/21 4:00 ET NYSE option expiry

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