Morning Ideas August 9, 2022
Good morning traders
CPI numbers come out tomorrow, and it seems clear after yesterday that the market just does not want to break the 4180 area until we see what happens with the numbers tomorrow.
I would imagine today is a neutral day, where we just churn in the same area. CPI has become such a big number because of the inflation fears and the subsequent reactions by the FED (interest rates)
CPI numbers come out tomorrow, and it seems clear after yesterday that the market just does not want to break the 4180 area until we see what happens with the numbers tomorrow.
I would imagine today is a neutral day, where we just churn in the same area. CPI has become such a big number because of the inflation fears and the subsequent reactions by the FED (interest rates)
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