Market Overview

All’s well that ends well. US inflation came in line with expectations yesterday; core CPI fell for the first time in six months and the monthly CPI figure was a bit lower than expected. Cherry...

Stocks finished higher yesterday, no surprise, given that implied volatility levels fell sharply from yesterday’s closing once the CPI report was released. The CPI report itself seemed pretty...

The CPI for April came in pretty close to expectations. CPI came in at 0.31% m/m, and 0.29% on core, versus a priori expectations for 0.37% and 0.30%. This relative accuracy does not necessarily mean...

The bulls cleared another hurdle. The first-quarter earnings season has been strong. With 92% of S&P 500 companies reporting, the EPS beat rate is 78%, near the five-year average.More impressive...

Since the pandemic-related bazooka of fiscal stimulus, the outstanding Federal debt has risen appreciably. In nominal dollar terms, the recent debt surge is mindboggling. However, the increase is on...

The highly anticipated April CPI report comes out on Wednesday morning with the S&P 500 trading just below its all-time high. Headline annual inflation is seen rising 3.4% and core CPI is forecast...

Gold Is Moving Sideways, Awaiting US CPI DataThe gold price (XAU) rose in the mid-afternoon session on Tuesday. The US dollar (USD) and Treasury yields weakened even though Producer Price Index (PPI)...

Yesterday was one of those days when investors insisted on seeing a glass that was one-tenth full as completely full.The US producer price data came in higher than expected. The US factory-gate prices...

US consumer inflation data was surprisingly firm in March, raising the stakes for tomorrow’s April report (Wed., May 15). Another round of disappointing numbers would arguably confirm that the...

CPI data for April will be released on 15 May. Economists expect overall inflation to fall to 3.4% and core inflation—to 3.7% by the end of April. The cooling impulse in US inflation seen for...

While there is much debate over whether another bear market is imminent, weekly moving average crossovers suggest a different outcome for now. There are many current concerns, from geopolitical risk...

Dollar recovers somewhat while US stocks’ rally stallsPPI and Fed Chairman Powell could wake up the market later todayMixed UK labour data complicate the BoE’s outlookDollar recovers but...

Gold Down Ahead of Important US ReportsGold continued its downward correction on Monday. The market now awaits the release of US Producer Price Index (PPI) data for April to gain more information...

Stocks traded mostly flat yesterday as investors geared up for a hectic week of economic data. The PPI report will be released soon, followed by the CPI report on Wednesday and retail sales on...