The Dow closed at record highs in trading yesterday as markets experienced a mixed day after a strong GDP print ahead of key inflation data due out this evening.
Treasury yields and the dollar all pushed higher, as did Oil and Gold levels, with the precious metal still trading near historic levels.
The macroeconomic calendar has the potential for a couple of surprises today in both the early sessions with key inflation numbers due out in Japan and Europe before we hit the US Day, and the key PCE Price Index number is released.
| Market | Change | Close |
| Dow | +0.59% | 41,335 |
| S&P | – | 5,591 |
| Nasdaq | -0.23% | 17,516 |
| USD | +0.36% | 101.37 |
| US Treasury – 2 Year | +2.9 bps | 3.896% |
| US Treasury – 10 Year | +2.4 bps | 3.865% |
| Oil – Brent | +1.64% | $79.94 |
| Oil – WTI | +1.87% | $75.91 |
| Gold | +0.79% | $2,522 |
Today’s Events (AEST):
Asian Session
- 9.30 am – Japan – Tokyo Core CPI Data
- 11.30 am – Australia – Retail Sales Date
European Session
- 7.00 pm – EU – CPI Flash Estimate Data
US Session
- 10.30 pm – Canada – GDP Data
- 10.30 pm – US – Core PCE Price Index Data
- 11.45 pm – US – Chicago PMI Data
- 12.00 am – US – Revised University of Michigan Consumer Sentiment Data
