Founders: RBC on Gold, Nice Oil Report
The late day re-rally in metals/stocks was on the back of Fed speakers sounding dovish.
Good Morning.
Markets:
The late day re-rally in metals/stocks was on the back of Fed speakers sounding dovish. Today there are a gaggle of them speaking, so watch for sensitized markets to look for more signposts. The RBC report below is a quick take, nothing we don’t know. The Oil report however is a good one.
Data:
5 Fed speakers today
10:00 am Wholesale inventories Aug. -0.1% -0.1%