August Ends

The trading month comes to a close today. We have the final PM Fux of the month as well as monthly close for both CDG and CDS. As I type, we're on track for green monthly candles in both but there's still plenty of day left to worry about.

The big and primary news of the day was the release of the latest PCE inflation data. As we discussed yesterday, projections were for +0.15%, which meant it would be really close as to whether the headlines would show a monthly increase of +0.1% or +0.2%. It came in at +0.2%....

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Key Economic Events Week of 9/9

9/9 10:00 ET Wholesale Inventories
9/9 3:00 ET Consumer Credit
9/11 8:30 ET CPI and Core CPI
9/12 8:30 ET PPI and Core PPI
9/12 2:00 ET US .gov budget
9/13 8:30 ET Import Price Index
9/13 10:00 ET Prelim UMich

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