Interesting action to say the least following CPI this morning.
Indices, energies and metals sold off and then made a V type reversal, mostly with stock indices, NASDAQ and SP leading the way – ES and NQ.
See a 30 minute chart from today below.
As far as tomorrow:
US weekly jobless claims will be released at 7:30 am CT Thursday morning, initial claims are expected at 225,000, down -2,000 from the prior week.
US August producer price indices (PPI) will be released Thursday morning at 7:30 am CT, analysts expect final demand PPI +0.2% month over month, and expect the core PPI up +0.2% compared to the previous month.
ECB Press conference at 7:45 AM Central time.
Natural gas inventories at 9:30 Am central
Daily Levels for September 12, 2024
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