Debriefing Wednesday 13th July US CPI and Today’s Journal

Debriefing Wednesday 13th July US CPI and Today’s Journal

July 15, 2022 0 By The Balanced Trader

Links and News

Weekly Analysis Live on YouTube Twitter

How to trade today’s CPI
https://tradingbalance.co.uk/cpi-and-pce-measures-of-inflation-how-to-trade-it/

Need to know market risk @ FinancialJuice.com

  • US Treasury Secretary Yellen: Price-cap plan would put downward pressure on CPI.
  • Traders see 175bps BOE hikes by year-end, the first time in 3 weeks.
  • Euro zone money markets price in 95 bps of hikes by September, up from 84 bps on Monday.
  • Euro zone money markets now price in over 50% chance of 50 bps ECB rate hike in September

Thursday’s Data

Real Time Economic Calendar provided by Investing.com UK.
July 13th Profile review
PA review

Update and Monday’s Plan

Not trading today- so no plan but would be waiting for the ON Singles marker and yesterdays lo 3850 for signs of buying weakness.

Opening Bell

0830CT

LIVE Journal

Notable tweets

Quote Of the Day

Limit your size in any position so that fear does not become the prevailing instinct guiding your judgment. –Joe Vidich

Trade Well And Prosper.

BT