| HIGH | PPI m/m |
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USD | F:0.4% | P:1.3% |
Api crude oil stock 9.800m barrel draw vs 5.267m barrel draw prior
Fed may be falling behind on inflation, bank of america says, opening the door to a half-point hike
Wall street regulator poised to bring charges against prediction market giant kalshi' - politico
Fed's bowman says the fact that inflation is not on downward trend, should give us pause
Fed's bowman says fed does ongoing cybersecurity examinations of banks, have seen a great deal of focus on identifying, patching vulnerabilities; fed cut rates gradually last year and then paused before resuming, in same way that we may work to address inflation in coming months; hope and expect to finalize rules on gsib surcharge, basel iii in coming weeks; have shifted focus to smaller bank rules and supervisory approaches
Fed’s bowman says would need to see ai, middle east risks abate before could be confident inflation will come down next year; i’m shifting my focus to inflation; open lines of communication with treasury are critically important; don't think ai will rob U.S. economy of jobs; ai will make workers more productive, create new jobs, eliminate less-necessary jobs
Fed vice chair of supervision bowman says longer-term inflation expectations very well anchored; inflation expectations an important data point, but not necessarily controlling how i think about things
Semiconductor rally defies nvidia scandal; hot cpi; coreweave earnings ahead
Thune wins another term as senate gop leader after midterm rout' - bloomberg news
Fed’s bowman says persistent inflation, firming labor conditions suggest ‘still work to do'; financial conditions have tightened, fed must weigh costs of additional policy tightening; bringing inflation down remains a priority; core pce likely rose 3.3% in october on energy prices, ai-related demand; as shocks unwind, forecast core pce to move closer to 2% next year; economic growth gained momentum this year; cpi data suggests inflation pressures may persist; labor market has improved, not tight
U.S. regulator postpones wall street push to trade ai computing futures; commodity futures trading commission is extending the review period of futures contracts by at least 60 days' - financial times
Wall street hasn't ignored earnings beats like this since the dot-com bust
Punchbowl news founder jake sherman posts on x "jim jordan is the next house minority leader" "jordan
Fed's schmid says a lot of interesting data points between now and fed’s december meeting
Fed's schmid says predicting instant payments will leap over digital asset structures
Fed’s schmid says some concerning trends in prices, underneath the whole energy story; didnt think rate was restrictive last year, believes its fairly accommodative today; U.S. hiring pretty robust lately; could argue housing is going through an ‘interesting dynamic’ but elsewhere can’t find any restriction; inflation is top of mind
Democratic senate leader schumer calls trump’s defense of nvidia’s huang “troubling”; says full accounting for trump’s alleged “failure to address foreign espionage in the american tech industry” needed; says congress must pass ai chip related legislation including ai overwatch act, the match act, and chip security act; says U.S. needs answers on nvidia’s influence over trump administration’s national security decisions
Reported earlier: trump administration pouring $480m loan into gulf of america oil and gas project
Iran's major general rezaei to al mayadeen, says we asked the americans to provide a frank and clear response to our conditions, and to this day they have not done so; they may provide this response in the future; hormuz will not be reopened until iran’s 7 conditions are met
Ny fed says q3 total household debt rises $334b to $19.1t; q3 mortgage debt rises $257b to $13.4t; overall q3 delinquency rate rose relative to q2; q3 credit card debt rises $22b to $1.3t; at september’s end 5% of debt in some form of delinquency; q3 overall flow into ‘serious’ delinquency down from q3 2025; mortgage transitions into delinquency up but still historically low; q3 transition into delinquency mixed by borrowing type
11 of 11 sectors fall in tuesday trading as leaders move together
Trump administration moves to cut food stamps for 6.3 million people' - reuters news
Fed's logan says concerned that higher-than-expected consumer price index means personal consumption expenditures inflation could rise; inflation is trending meaningfully higher than 2% goal; labor market is balanced and even tightening a bit; economic growth is strong, consumer spending solid, business spending robust; price pressures also broader than tariffs, and broad trend is likely to persist
Fed's logan says after two more rate hikes, it would make sense to pause and assess what further action may be appropriate; higher bond-market rates signal monetary policy has work to do, not an independent tailwind for activity; fed policy rate is at least 50 basis points below a modestly restrictive level; accommodative policy is adding to inflationary pressures; real fed funds rate is 78 basis points, data suggest; wartime energy disruptions not the only source of price pressures
Fed's logan says excess inflation is unacceptable; clear that fed needs at least two more quarter-percentage-point rate increases; says it may be possible to raise interest rates more rapidly this winter than us central bank has moved so far; important to 'promptly' achieve balance in outlook, risks for inflation and employment; adjusting policy gradually can reduce risk that economic activity deteriorates more sharply than necessary
India official says talks with U.S. continuing over finalization of first tranche of bilateral trade deal; U.S. officials visited india for in-person discussions over customs and trade facilitation aspects of the deal earlier this month
Al jazeera reports prime minister of israel benjamin netanyahu says iran is working to revive its nuclear program, and the only way to eliminate this threat is to topple its regime.; they are trying to force us to establish a palestinian state under iran’s sponsorship; we call for the formation of a national unity government in israel; soon we will face pressure to accept iran as a nuclear state as a fait accompli
Iran’s foreign minister says claims about meeting between security chief rezaei and vance are baseless media speculation
White house senior adviser hassett says cpi report was disappointing
Yemen's houthis say they attacked oil pumping stations of saudi arabia’s east-west pipeline in riyadh
Us consumer prices rise 0.4% in october, exceeding forecasts as fed hike looms
Redbook retail sales index up 10.1% yoy for week ended 11/07/26
Redbook retail sales index for november 2026 vs november 2025
Watching s&p futures, bitcoin; securities become volatile after U.S. reports its consumer price index for october increased month-over-month
U.S. secretary of state rubio on iran says told economic campaign working so well there’s not need for major combat operations
Cpi (mom) for october 0.4% vs 0.3% est.
Core cpi (mom) for october 0.3% vs 0.2% est.
USA cpi (mom) for oct. 0.4% vs 0.3% est.
USA core consumer price index (mom) for october 0.3% vs 0.2% est.
Adp employment change weekly 19.750k vs 16.80k prior
Big short, bigger payday: michael burry’s cat trade puts industrial etfs in the spotlight
Quick spark: spy, qqq attract $9b as etf investors shrug off volatility worries
Ukraine - russia trilateral talks finished for today
Us nfib oct small business index 97.8 vs 97.9 in sep
Fed's waller said i don't think any of my fed colleagues think we are in the right place on rates
Stock market today: dow, s&p 500 futures rise, nasdaq 100 futures fall as trump signals iran war to end ‘fairly soon’ — crwv, ttwo, bw in focus
Fed's waller said fed staff analyses suggest further producer price increases ahead, with potential for a more persistent energy price shock
Fed's waller said would support a 25-basis-point rate hike in december even if october cpi improves vs. september, said us inflation remains too high, september inflation data were bad
Fed governor waller, speaking in london tuesday, said further policy tightening will be needed; a 50bp rate hike may be needed in december if october core cpi inflation comes in at 0.3% or higher
This is not the moment to get bearish': morgan stanley's mike wilson sees market correction nearing end, stays selective on chip stocks