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TFMR Podcast - Thursday, June 8

19

In a welcome development, both Comex digital metals surged higher today on the back of a very weak initial jobless claims number. The bond market rallied and the POSX fell which allowed both metals to reclaim all of their losses from yesterday...and then some.

And now we head into the Friday close with the distinct possibility of green weekly candles for both CDG and CDS. While that may not mean much ahead of the pivotal week next, painting green candles is always preferable to the alternative.

For today, these two links and screenshots:

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Key Economic Events Week of 7/8

7/8 3:00 ET Consumer Credit
7/9 10:00 ET Jerry Hump-Hawk Day 1
7/9 1:30 ET Goon Bowman
7/10 10:00 ET Wholesale Inventories
7/10 10:00 ET Jerry Hump-Hawk Day 2
7/11 8:30 ET CPI and Core CPI
7/11 10:30 ET Goon Bostic
7/11 1:00 ET Goon Musalem
7/11 2:00 ET Federal budget deficit
7/12 8:30 ET PPI and Core PPI
7/12 10:00 ET Prelim UMich

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