Key Events This Week: PPI, Industrial Production, Q1 Earnings, Iran War

Trump Turns The Screws On Israel In Biggest Pressure Move To Reign In Bibi Yet The Lebanon ceasefire appears to be legitimate and holding, and the biggest evidence of this is that Lebanese citizens themselves are pouring back into the war-ravaged south of the country, seeking to recover to their homes which are in some cases 'unlivable'. "Thousands of families displaced by weeks of fighting filled the main highway to southern Lebanon on Friday in hopes of returning to their homes, as a 10-day cease-fire in Israel’s military campaign against Hezbollah...

China Wants Iran War End, Pushes 'Immediate' Hormuz Reopening During Araghchi Visit Ahead Of Trump-Xi Summit Iranian foreign minister Abbas Araghchi is currently in Beijing meeting with his Chinese counterpart, FM Wang Yi, and the timing of the visit sends a resounding message to Washington and the West. The highly anticipated Trump-Xi meeting is still scheduled for next week, expected for May 14-15, though there has been ample speculation the ongoing events of the unpredictable Iran war and Hormuz Strait crisis could derail the trip at the last minute. Of course,...

Key Events This Week: CPI, PCE, ADP, Durable Goods And More With the Fed in their self-imposed blackout period, the economic data will get a chance to do the talking ahead of the March 18th FOMC meeting. Of particular note will be the inflation data, namely Wednesday’s CPI report for February and Friday’s core PCE reading for January, but there will also be some scattered labor market data to help put context around last Friday’s disappointing February employment report. Of course, all of that assumes that traders can be dragged...