{"id":19076,"date":"2023-10-11T12:21:45","date_gmt":"2023-10-11T20:21:45","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=19076"},"modified":"2023-10-11T12:21:45","modified_gmt":"2023-10-11T20:21:45","slug":"cpi-tomorrow-futures-trading-levels-for-oct-12th","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/cpi-tomorrow-futures-trading-levels-for-oct-12th\/","title":{"rendered":"CPI Tomorrow + Futures Trading Levels for Oct. 12th"},"content":{"rendered":"
\n
\n
Get Real Time updates and more on our private FB group!<\/span><\/div>\n
\n
\n
\n
https:\/\/business.facebook.com\/groups\/1105191589938254\/<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
<\/div>\n
<\/div>\n
\n

\n<\/div>\n

<\/div>\n
\n
<\/div>\n<\/div>\n

What you need to know for the last two trading days of the week<\/h3>\n

\u00a0By\u00a0Mark O’Brien,\u00a0Senior Broker<\/em><\/p>\n

 <\/p>\n

General:\u00a0<\/strong><\/p>\n

 <\/p>\n

This morning the Labor Department released data on U.S. producer prices.\u00a0 It showed a higher-than-expected 0.5% uptick in food and energy prices at the wholesale level.\u00a0 The so-called core Producer Price Index \u2013 a narrower measure that excludes food, energy and trade services \u2013 showed a 0.2% increase, which matched forecasts.\u00a0 Looking at the big picture, the report suggests inflation remains stubborn and the Fed will remain vigilant in it continued efforts to check the U.S. economy with care and reduce inflation.<\/p>\n

 <\/p>\n

Markets look at the PPI as a leading indicator for inflation, as it gauges a wide variety of costs for pipeline goods that feed to consumer products.<\/p>\n

 <\/p>\n

In recent days, central bank officials have indicated that they may not need to enact additional hikes as Treasury yields have risen sharply on their own, tightening financial conditions. That in turn has helped assuage market fears, leading stocks higher this week.<\/p>\n

 <\/p>\n

Tomorrow, The Bureau of Labor Statistics will release its more closely watched Consumer Price Index (CPI) report, which measures the prices paid by consumers for a basket of consumer goods and services.<\/p>\n

 <\/p>\n

Metals:\u00a0<\/strong><\/p>\n

 <\/p>\n

Trading off its near one-year lows below $1,825\/ounce on Friday, Dec. Gold<\/a> has raced up \u00b1$70\/ounce as the crisis in Israel \/ Gaza \/ Lebanon has intensified.\u00a0 This commodity futures contract will likely show to be more sensitive to the turn of events in the region than any other.<\/p>\n

 <\/p>\n

Along the same lines, from a from a commodity price influencing perspective, the fighting in Israel \/ Gaza \/ Lebanon should have a limited impact on most commodities.\u00a0 Any sensitivity reactions in the markets will presumably be seen in indexes (seemingly sensitive to anything), energies and some currencies.\u00a0 Any signs the conflict escalates to involve other notable \/ regional state \/ non-state actors, traders should anticipate increased volatility in these market sectors and approach your trading appropriately.<\/p>\n

 <\/p>\n

Plan your trade and trade your plan.<\/a><\/p>\n

\"\"<\/a><\/p>\n

Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors.\u00a0 You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time when it comes to Futures Trading.<\/p>\n

\"\"<\/a><\/h3>\n

Futures Trading Levels<\/strong><\/h3>\n

10-12-2023<\/p>\n

\"#ES,
#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG<\/figcaption><\/figure>\n

 <\/p>\n

\"\"<\/a><\/p>\n

 <\/p>\n

 <\/p>\n

Improve Your Trading Skills<\/h2>\n
Get access to proprietary indicators and trading methods,\u00a0consult with an experienced broker<\/a><\/div>\n
\u00a01-800-454-9572\u00a0Explore trading methods.\u00a0Register Here<\/a><\/div>\n


\n<\/a>Economic Reports, Source:\u00a0<\/strong><\/h3>\n

Forexfactory.com<\/a><\/p>\n

\"\"<\/p>\n

 <\/p>\n

This is not a solicitation of any order to buy or sell, but a current market view provided by\u00a0Cannon Trading Inc<\/a>. Any statement of facts\u00a0here in\u00a0contained are derived from sources believed to be\u00a0reliable,\u00a0but are not guaranteed as to\u00a0accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own\u00a0judgement\u00a0in trading.<\/p>\n","protected":false},"excerpt":{"rendered":"

Get Real Time updates and more on our private FB group! https:\/\/business.facebook.com\/groups\/1105191589938254\/ What you need to know for the last two trading days of the week \u00a0By\u00a0Mark O’Brien,\u00a0Senior Broker   General:\u00a0   This morning the Labor Department released data on U.S. producer prices.\u00a0 It showed a higher-than-expected 0.5% uptick in food and energy prices at […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67,231,76,119,230,30,3,61,358,1334],"tags":[1481,1480,1475,1471,1469,1467,1468,1474,1472,1477,1478,1476,1479,1470,1473,1172,1239,40,627,1277,36],"class_list":["post-19076","post","type-post","status-publish","format-standard","hentry","category-future-trading-news","category-commodity-brokers-2","category-commodity-trading-2","category-crude-oil","category-day-trading-2","category-futures-broker-2","category-futures-exchange","category-futures-trading-2","category-futures-trading-education","category-gold-futures","tag-cbot","tag-comex","tag-commoditiesmarket","tag-commoditiestrader","tag-commoditytrading","tag-crudeoil","tag-daytrader","tag-futuresmarket","tag-futurestrader","tag-kcbt","tag-mgex","tag-nymex","tag-smfe","tag-stockindices","tag-swingtrader","tag-cme","tag-commodities","tag-daytrading","tag-futures","tag-globex","tag-gold"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/19076","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/comments?post=19076"}],"version-history":[{"count":1,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/19076\/revisions"}],"predecessor-version":[{"id":19077,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/19076\/revisions\/19077"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=19076"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=19076"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=19076"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}