At NewsWare‘s Trade Talk, we provide up-to-the-minute market moving news along with the facts, themes and trading ideas for the day ahead.
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Tuesday Dec 13, 2022
Tuesday Dec 13, 2022
S&P Futures are trading higher this morning ahead of today's CPI release. The CPI report has the ability to spark volatility in the markets today. A further slowdown is expected, with annual CPI expected to increase by 7.3%, down from 7.7% in October. The FOMC meeting starts today and this morning's CPI release will likely be a factor in their decision on interest rates which is scheduled for release tomorrow morning. Oil futures are moving higher as the Keystone pipeline remains offline.
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