After two days of very light volume in stock index futures, I suspect tomorrow will be a different ball game.
CPI Tomorrow! The CPI will be critical to the inflation outlook for Fed policymakers.
Previous CPI reports have created velocity logic events in the stock indices at the CME.
Please read more details about velocity logic and price banding HERE.
The above reports will Bookend the FOMC minutes release @1pm CT on tomorrow.
If you recall the FED Meeting Black out period was before the Bank issues so don’t expect too much verbage about the banking situation in this report.
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