The Rally We Wanted

Thu, Sep 19, 2024 - 9:00am

By TF

Not that we don't want a rally every day but this bounce back today is just what the doctor ordered. In last night's podcast, we discussed the possibility that Asia and London would overlook Jerry's POSX jawboning and it appears that that's exactly what has happened. So, now that we're back to near yesterday's highs, what happens next?

Well, first of all, we await a rate decision from the BoE (not ECB) and the tomorrow's (tonight's) decision from the BoJ. We also have some data on tap as the Philly Fed will be out in a few minutes and a string number could help to pump up the...

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TF

Founder

TF Metals Report

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Key Economic Events Week of 10/7

10/7 1:00 ET Goon Bowman leads off
10/7 1:50 ET Goon Kash-n-kari
10/7 3:00 ET Consumer Credit
10/8 8:30 ET US trade deficit
10/8 12:45 ET Goon Bostic
10/9 9:15 ET Goon Logan
10/9 10:00 ET Wholesale Inventories
10/9 12:30 ET Goon Jefferson
10/9 12:45 ET Goon Bostic again
10/9 2:00 ET September FOMC minutes
10/10 8:30 ET CPI and Core CPI
10/10 9:15 ET Goon Cook
10/10 10:30 ET Goon Barkin
10/10 11:00 ET Goon Williams
10/11 8:30 ET PPI and Core PPI
10/11 10:00 ET Prelim UMich
10/11 10:45 ET Goon Logan
10/11 1:10 ET Goon Bowman wraps up