WEEKEND PREP 14 MAY
CPI was obviously the big story last week. Headline CPI for April came in at 4.9% last week, which continues the disinflationary trend, while core inflation came in at 5.5%, giving the Fed room to pause. Via BLS: The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4 percent in April on a seasonally […]
IN THE OVERNIGHT 12 MAY
Chart of the day below! Asia mostly RED….Europe Green….again Overnight Data/News US DATA TODAY
IN THE OVERNIGHT 11 MAY
PPI AND JOBLESS CLAIMS 8:30 AM ET Asia RED…Europe GREEN Overnight Data/News US DATA TODAY
IN THE OVERNIGHT 10 MAY
CPI DAY!!! 8:30 AM ET !!! Bank estimates MEDIAN 5% Kinda RED out there Overnight Data/News US DATA TODAY
IN THE OVERNIGHT 9 MAY
VERY quiet in the overnight despite Europe and US sell-off Markets seem to be waiting for US CPI data tomorrow China Mixed…Europe RED Overnight Data/News -not much data US DATA TODAY
WEEKEND PREP 7 MAY
Update May 8 US data today FOMC last week 25 bps hike as expected. Statement changes Powell had to balance signaling a pause while remaining hawkish..tough job Recap via Chatham Financial: The FOMC voted unanimously to increase the fed funds target range by 25 basis points to a range of 500-525. Tighter credit conditions in […]
IN THE OVERNIGHT 5 MAY
Non-farm payroll day! Asia mixed…Europe Green Overnight Data/News US DATA TODAY
IN THE OVERNIGHT 4 MAY
Another US regional bank down! PacWest $PACW shares stumbled 50% overnight after it is reported that they are looking for a buyer China market back open….mixed markets in Asia, Europe RED Overnight Data/News US DATA TODAY
IN THE OVERNIGHT 3 MAY
Light data overnight, HEAVY data for US today FOMC DAY!! Mixed Markets Overnight Data/News US DATA TODAY
IN THE OVERNIGHT 2 MAY
Mixed Markets…Asia Green, Europe RED…Light data day for US Overnight Data/News US DATA TODAY