Hump Day Hangover

We've seen quite a run in PM prices as of late and today looks to be a bit of a breather after the strong gains of yesterday. And that's OK! The action picks up again tomorrow and Friday so perhaps we should all enjoy a day of relative quiet and calm.

Of course, it's early and there's still plenty of time for the Comex PMs to move in either direction. The overnight session was surprisingly calm, too, with about a $5 range in London. When was the last time that happened? So maybe we'll keep this going through the day?...

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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

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