📈WHAT YOU MUST WATCH THIS WEEK!
The week is filled with economic data. The focus on the week will be CPI and PPI which will be released Wednesday and Thursday repetitively. Here are the estimates:
For CPI released at 8:30 am on Wednesday the estimates and previous are as follows:
 Core CPI (YoY) (Aug) 4.3% 4.7%
Core CPI (MoM) (Aug)Â 0.2%. 0.2%
CPI (MoM) (Aug)Â 0.6%. 0.2%
CPI (YoY) (Aug)Â 3.6%. 3.2%
For PPI released at 8:30 am on Thursday the estimates and previous are as follows:
Core PPI (MoM) (Aug)Â 0.2% 0.3%
Core PPI (YoY) (Aug)Â 2.2% 2.4%
PPI (YoY) (Aug)Â 1.2% 0.8%
PPI (MoM) (Aug) Â 0.4% 0.3%
This data will mark an increase in CPI for the first time in the estimates and in the previous data. It will. be closely watched. Expect massive volatility on Wednesday. Watch the video below for a more in depth look at what stocks to watch this week as well as the key levels on the indexes. Pay close attention to what retail traders are doing.
Wishing Everyone Massive Success!
Wishing Everyone Massive Success!