August Ends

The trading month comes to a close today. We have the final PM Fux of the month as well as monthly close for both CDG and CDS. As I type, we're on track for green monthly candles in both but there's still plenty of day left to worry about.

The big and primary news of the day was the release of the latest PCE inflation data. As we discussed yesterday, projections were for +0.15%, which meant it would be really close as to whether the headlines would show a monthly increase of +0.1% or +0.2%. It came in at +0.2%....

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Key Economic Events Week of 12/16

12/16 8:30 ET Empire Fed
12/16 9:45 ET S&P flash PMIs
12/17 8:30 ET Retail Sales
12/17 9:15 ET Cap Ute & Ind Prod
12/18 8:30 ET Housing Starts
12/18 2:00 ET FOMC Fedlines
12/18 2:30 ET Jerry presser
12/19 8:30 ET Jobless Claims
12/19 8:30 ET Q3 GDP final guess
12/19 8:30 ET Philly Fed
12/19 10:00 ET LEIII
12/20 8:30 ET PCE and Core PCE
12/20 8:30 ET Personal Inc & Spend
12/20 10:00 ET UMich Dec sentiment

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