A new week begins and continued lousy economic news means that we must still be concerned about the disinflation trade in the short term. Copper and crude remain under pressure and they can both have a renewed spillover effect into silver.
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Key Economic Events Week of 1/14
1/15 8:30 am ET Producer Price Index
1/15 8:30 am ET Empire State Mfg. Index
1/16 8:30 am ET Retail Sales
1/16 8:30 am ET Import Price Index
1/17 8:30 am ET Housing Starts
1/17 8:30 am ET Philly Fed
1/18 9:15 am ET Capacity Utilization and Ind. Prod.
Key Economic Events Week of 1/7
1/7 10:00 ET ISM Services Index
1/7 10:00 ET Factory Orders
1/9 2:00 ET December FOMC minutes
1/10 Speeches from CGP, Goons Bullard and Evans
1/11 8:30 ET CPI
Key Economic Events Week of 12/31
1/2 9:45 am ET Markit Manu PMI
1/3 10:00 am ET ISM Manu Index
1/4 8:30 am ET BLSBS
1/4 9:45 am ET Markit Serv PMI