Playing Catch-UP

So much has happened over the past 20 hours that your host is caught a little flatfooted and trying to play catch UP....UP because it has been quite an UPward move in the PMs and mining shares!

By now, I'm sure that you know all of the details regarding the 90-day tariff postponement from every country but China. This news sent all "risk assets" soaring late yesterday but a funny thing has happened today...stonk indices are back down about 2% this morning while the PMs and the mining shares have continued higher with Jun25 CDG all the way to $3170. How bout dat?...

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Key Economic Events Week of 4/28

4/29 9:00 ET Case-Shiller home prices
4/29 10:00 ET Consumer Confidence
4/29 10:00 ET JOLTS
4/30 8:15 ET ADP jobs report
4/30 8:30 ET Q1 GDP first guess
4/30 9:45 ET Chicago PMI
4/30 10:00 ET PCE and Core PCE
5/1 9:45 ET S&P Manu PMI
5/1 10:00 ET ISM Manu PMI
5/2 8:30 ET BLSBS
5/2 10:00 ET Factory Orders

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