Tue: Israel Municipal Elections; Spanish Flash CPI (Jan), Swiss KOF (Jan), German Flash GDP (Q4), EZ Flash GDP (Q4), EZ Consumer Confidence Final (Dec), US Home Prices (Nov), JOLTS (Dec), Japanese Retail Sales (Dec)
Wed: Australian CPI, FOMC & BCB Policy Announcements, BoJ SOO (Jan); Chinese NBS PMIS (Jan), German Flash CPI (Jan), German Retail Sales (Dec), Import Prices (Dec), French Prelim. CPI (Jan), German Unemployment (Jan), EZ GDP Flash Prelim. (Q4), US ADP (Jan) and Employment Cost Index (Q4), Chicago PMI (Jan), Italian Prelim. PCI (Jan)
Thu: Chinese Caixin Manufacturing PMI (Jan), EZ/UK/US Manufacturing PMI Finals (Jan), EZ Flash CPI (Jan), BoE Announcement, ISM Manufacturing PMI (Jan).
Traci S. Williams, PsyD, ABPP, CFT-I is a board-certified clinical psychologist and certified financial therapist. She helps families improve their emotional, mental and financial health
fwiw Traci does not talk about either getting or getting rid of a cat
All 3 major central banks are talking the same way, pushing back on rate cut expectations but not too hard. The question going forward is which CB will blink or whether markets blink first.
EURO 1.0872
–
puppy s catching a bit of a bid from overnite dip towards low 1.08 possibly on reacting to ECB officialdom’s yikyak about rate cut timing.
Some players still appear to be pricing and betting on ECB april cut. (good luck says me)
so how are players gaming the 2.9% PCE print vs “experts” 3% expectation ?
hahahaha . Lower trending inflation.
What does that make players think of what does the FED gang thinks about what to do about int rates ?
What does the FED gang want players to think about what the FED thinks eh ?
So lower incoming data such as this PCE saw the DLR tilt down some in reaction to it.
Looking at DLRs ytd daily chart its trendline is angled up.
