What Futures Traders Should Watch This Week
PPI & CPI

By John Thorpe, Senior Broker
We have everything needed to move the markets next week as we do expect increased volatility from Government data releases, especially PPI, Thursday, September 10th. and CPI Friday September 11th before the cash market open. This, in addition to the lasting uncertainty in the Middle East.
On the earnings front, underpriced for a stock considered to be an AI stock; Adobe reports Thursday after the close. The Grain Markets should see additionally volatility from the 11:00 am CDT WASDE report also on Friday September 11th.
Is the smoke intensifying in the Mid-East, Russia/Ukraine and the markets are continuing to react to a deepening sense of uncertainty?
The energy’s, metals, securities, grains and interest rates are swirling in the uncertainty from a lack of resolution in the attempted unwinding of the Iranian nuclear program. And the grain markets have been genuflecting to the public conversations by Putin and the lack of facilities to ship this years harvest out of the black see region?.
Don’t let your guard down just yet, the fog continues, tune into the Sunday evening markets to witness reactions to the weekend news streams, manufactured or true.
Plan your trade and trade your plan!
Earnings Next Week:
· Mon. Labor Day Holiday Banks and Govt Offices Closed
· Tue. Casey’s General Stores, ABM Industries
· Wed. CoPart, Gamestop, American Eagle Outfitters
· Thu. Adobe Systems
· Fri. Kroger
Fed Speakers: (all times CDT)
· Mon. Labor Day Holiday
· Tues. Blackout Period
· Wed. As the market awaits
· Thu. Sept. 16th Rate Decision and Presser
· Fri. Quiet
Econ Data:
· Mon. Labor Day Holiday, Banks and Govt Offices Closed
· Tue. Redbook (moved to Wednesday, this week only), ADP Weekly, Used Car Prices, Consumer Inflation Expectations, API Crude stock change (moved to Wednesday this week only),
· Wed. ADP, Factory Orders, EIA Crude stocks change(Moved to 9am Thursday, this week only), Beige Book, API Crude stock change
· Thu. PPI, Initial Jobless claims, Existing Home sales, EIA Nat Gas Stocks, EIA Crude Stocks change, Fed Balance sheet
· Fri. CPI, Mich. Consumer Sentiment, WASDE, Baker Hughes Oil Rig Count
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