Rise and shine everyone.
Today is PCE day, the last day of the week and the last day of the month. There should be some interesting volatility in store for us. The JP Morgan Quarterly Collar trade also gets replaced today.
We’ve already got Eurozone inflation numbers that have made headlines. Eurozone Flash YoY Inflation came down drastically to 6.9% from 8.5% on the back of lower energy costs.
US Futures are higher. Gold also higher at $1981 with WTI crude also slightly higher at $74.8. The USD Index remains flat while Bitcoin is lower at $27,985.
The Yield Curve Inverts further to -0.61%