Appears the bond traders are pricing in another rate hike based on job numbers, I guess that's why we've got this strange whipsaw going,
Expected core CPI is 0.4% m/m, Fed target is 2% inflation y/y, could be a big whipsaw day tomorrow instead of the pump I was expecting.
Gonna sit this one out and wait until ES/NQ indicators start cycling again.
Expected core CPI is 0.4% m/m, Fed target is 2% inflation y/y, could be a big whipsaw day tomorrow instead of the pump I was expecting.
Gonna sit this one out and wait until ES/NQ indicators start cycling again.