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TFMR Podcast - Wednesday, May 20


Today was one of the least volatile days that we've seen in the Comex metals in quite a while. Will this relative calm continue tomorrow? I guess that depends upon how well The Banks are able to maintain their current caps on the spot market.

The big news item of the day was the 2:00 pm ET release of the minutes from the April FOMC. The document is brutal to read and scroll through and is only useful as an insomnia aid. However, buried about 3/4 of the way in, toward the end of a section under the heading " Participants' Views on Current Conditions and the Economic...

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Key Economic Events Week of 5/3

5/3 9:45 ET Markit manu PMI
5/3 10:00 ET ISM manu PMI
5/3 10:00 ET Construction Spending
5/3 2:20 ET Chief Goon Powell
5/4 8:30 ET US Trade Deficit
5/4 8:30 ET Factory Orders
5/4 1:00 ET Goons Daly and Kashnkari
5/5 8:15 ET ADP jobs report
5/5 9:45 ET Markit service PMI
5/5 10:00 ET ISM service PMI
5/5 12:00 ET Goon Mester
5/6 8:30 ET Productivity and Labor Costs
5/6 10:00 ET Goon Kaplan
5/7 8:30 ET BLSBS

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