Xi's Bazooka

Tue, Sep 24, 2024 - 10:54am

By TF

The PBOC set off a bazooka of monetary stimulus today and the impact across the commodity sector has been significant. Can and will this latest move inspire even larger gains in the days ahead? We'll just have to see how those record Spec short levels respond to the pressure.

Let's start with the news reports from last evening (today in China). You can read all about it in this post from ZH: https://www.zerohedge.com/markets/china-panics-cuts-multiple-...

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TF

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TF Metals Report

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Key Economic Events Week of 9/23

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9/23 9:45 ET S&P September flash PMIs
9/23 10:15 ET Goon Ghoulsbee
9/23 1:00 ET Goon Kash-n-kari
9/24 9:00 ET Goon Bowman
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9/26 10:30 ET Goon Barr
9/26 10:30 ET Goon Cook
9/27 8:30 ET PCE and Core PCE
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9/27 10:00 ET UMich final September
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