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Starbucks’ sales roar while the raw price of arabica coffee plummets The disconnect is in production of cocoa beans, which is above need Technicals suggest arabica could go to as low as $1.77...
The S&P 500 had risen by nearly 1% at the start of the day yesterday, but by day’s end, all the gains were gone, with the index finishing 12 bps. There are now two bearish trading patterns...
Consensus expectations are for headline CPI to come in at 0.2% mom, 8.8% yoy, with the Core CPI report expected to print at 0.5% mom, 6.1% yoy.Last month’s headline CPI printed at 9.1% yoy,...
With persistent inflation and a strong labor market, the Fed is on a clear path to raise rates. This week is all about inflation and many traders are expecting to see the inflation to decelerate....
It was a mixed day for indices yesterday with the first indication of a top for the current advance with reversal candlesticks coming into play off opening gaps in markets.The Russell 2000 is looking...
US futures and European stocks were in the green, as positive earnings and a dovish interpretation of Federal Reserve rhetoric reassured investors.Moreover, easing yields buttressed the argument of a...
Money illusion has made the energy spike look worse than it is The CPI report is this week; Will median show any sign of peaking? Wages do not appear to be slowing at all. Last week, I mused about...
July CPI reading on Wednesday eagerly awaited across markets Headline inflation expected to cool, though it could surprise to the upside Oil, gold prices remain in a tight range ahead of the CPI...