Russian President Vladimir Putin has said he thinks Russia's conflict with Ukraine is coming to an end, addressing reporters after a scaled-back military parade in Moscow marking the Soviet victory in World War Two.
This week’s focus is on inflation and consumer strength. Markets will closely watch CPI, PPI, and Retail Sales for clues on Fed policy and economic momentum. 🟡 Monday ● Existing Home Sales Shows the condition of the housing market and buyer activity under current mortgage rates. 🔴 Tuesday ● CPI Inflation Data The biggest event of the week. CPI will shape expectations for interest rates, the Fed, and overall market direction. 🔴 Wednesday ● PPI Inflation Data ● OPEC Monthly Report PPI tracks inflation at the producer level, while OPEC’s report may impact oil prices and inflation outlook. 🔴 Thursday ● Retail Sales Key indicator of consumer spending and economic strength. Strong sales support growth expectations. 🟡 Friday ● Industrial Production Measures factory and utility output, giving insight into overall economic activity. 🎯 Main Focus: Tuesday’s CPI & Thursday’s Retail Sales.
⚡️ JUST IN: Trump says he is considering renewing "Project Freedom" in the Strait of Hormuz." Project Freedom is a US Military operation created to escort merchant ships through the Strait of Hormuz. US oil prices rose to $98 per barrel on the news. #IranRejectsUSPeacePlan