PMI Wednesday

Another day of generally higher Comex PM prices today as the bounce out of last week's oversold conditions continues. However, it's only Wednesday and the week is only half done so let's simply take stock of where we are and where we hope to be by Friday.

Two bits of news have driven the algos and, by extension, price today. The first came overnight when Germany announced a hotter than expected CPI....

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Key Economic Events Week of 9/25

9/26 8:30 ET New Home Sales
9/26 9:00 ET Case-Shiller home prices
9/26 10:00 ET Consumer Confidence
9/26 1:30 ET Goon Bowman
9/27 8:30 ET Durable Goods
9/28 8:30 ET Q2 GDP final guess
9/28 1:00 ET Goon Cook
9/28 4:00 ET Chief Goon Powell
9/29 8:30 ET PCE and Core PCE
9/29 8:30 ET Personal Inc and Spend
9/29 10:00 ET UMich sentiment

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