“Turn those machines back on! Get those brokers back in here!”
Feels like the market has closed and we’re left to wait for it to reopen tomorrow…Hopefully there will be a few more fireworks as the week wears on. Tomorrow we get BRC retail sales data for the UK, a number of anecdotes on US retail sales from Redbook and various other surveys. US trade figures, Germn inflation data are other data points to keep in mind.
Wednesday we get Eurozone industrial production and the government’s retail sales figure for the US.
Jobless claim and PPI are out Thursday while CPI and industrial production from the US are highlights on Friday.
After days of thrills and spills, the inevitable consolidation is tough to take. Hopefully the thrills and spills are right around the corner again.
