GoldFix (private feed for gemselle@yahoo.fr)
Technology
Housekeeping: Good Morning.
4 things: Newmont, Fed Behavior, Goldman’s Behavior, Biden’s new Problem
Contents
* Yesterday’s Activity
* Today’s Prices
* Today’s Data
* Markets/Metals Commentary
* Attached- Newmont observations
Markets:
Commodities, Stocks, Precious Metals, Bonds, BTC, FX
Yesterday’s Activity:
Fed's Waller kills rate cuts, Earnings Disappoint right after QT leak The NY Fed Manufacturing survey for January saw a huge collapse
* US equities retreated on Tuesday amid a slew of corporate earnings results.
* Energy (-2.40%) and materials (-1.19%) lagged the broader market indices, while technology (+0.39%) and consumer discretionary (-0.20%) outperformed.
* The Nasdaq lost 0.19%, while the "FAAMG" stocks mostly fell:
Don’t fooled.. the Fed is manipulating things.. this is not weakness.. it is strength. When it becomes arrogance, then you act against them
Overnight Prices:
Waller, Recession, Earnings drops, ME Tensions
Today’s Data:
WEDNESDAY, JAN. 17
* 8:30 am Import price index Dec. -0.4%
* 8:30 am Import price index minus fuel Dec. 0.2%
* 8:30 am U.S. retail sales Dec. 0.3%
* 8:30 am Retail sales minus autos Dec. 0.2%
* 9:15 am Industrial production Dec. 0.2%
* 9:15 am Capacity utilization Dec. 78.8%
* 2:00 pm Fed Beige Book
Total Calendar
News: via NewSquawk
NOTABLE US HEADLINES
US Senate voted 68-13 to advance the stopgap funding bill through the first procedural hurdle in an effort to avert a shutdown
MIDDLE EAST
* US Central Command said the US conducted strikes in Yemen as Houthi attacks against international shipping continue
* US President Biden's administration is expected to announce plans to designate Yemen's Houthi rebel group as a global terrorist organisation
OTHER
* China's Taiwan Affairs Office said Taiwan's election result cannot stop the trend towards reunification and China is willing to create the widest space for peaceful reunification,
Markets/Metals Commentary:
* Newmont Earnings
* Chart Comments
Create your
podcast in
minutes
It is Free