PPI – Lawyers Write the Bets. Bankers Sell the Bets.

August 14, 2025August 14, 2025

A quiet day at the CFTC and in the markets as well …

From my events contracts trading desk … As we get closer to the meeting tomorrow between Russian president Vladimir Putin and US president Donald J. Trump, the euro tapered off some of the strengthening I saw from around 4:00 am this morning. The EUR/USD was at 1.16686 and by the close of the 6 am … Continue reading A quiet day at the CFTC and in the markets as well …

July 16, 2025

The Producer Price Index is unchanged for the month of June

At 8:27 am, I posted on X that it looks like the market expects a good PPI report. The price was 1.15954. Around 7:41 am the price was 1.16107. The dollar was enjoying some strengthening. But alas, at 8:30 am, we saw a spike in the EUR/USD at 1.16062. By 8:31, the price was at … Continue reading The Producer Price Index is unchanged for the month of June