Market Waiting For CPI

April 9, 2024
Author: Peter Stolcers, Founder of OneOption

Tomorrow we will get the next inflation reading. The Fed cited concerns over persistent inflation and this is pushing back the time line for any potential rate cut.

PRE-OPEN MARKET COMMENTS TUESDAY - The trading range from last Thursday was very wide and the market is trading right in the middle of it. We are likely to see dull trading today ahead of the CPI.

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