Traded ValueJune CPI should still reflect the lower oil prices seen for most of the month, but the recent jump in crude could make July inflation more challenging. Tonight's bank earnings will also be important if loan demand and credit quality remain resilient, markets may look past short term inflation. I'll be watching CPI first, then how Treasury yields react before making any new positions.
☕️ [Task Coins Giveaway] Daily Market Talk — Oil Surges Into CPI Night
The big week opened rough. Oil spiked as Trump reimposed a Hormuz blockade and floated a 20% transit fee, dragging chips and the Nasdaq lower. Now the real test arrives tonight: US June CPI lands at t...
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