Market Overview Analysis by Michael Kramer covering: S&P 500, CBOE Volatility Index. Read Michael Kramer's latest article on Investing.com
and then moving higher late in the day. The IV levels for shorted dated rose today, while longer-dated implied volatility fell, with theATM long-straddle is only pricing in a move of around 80 bps today.
Meanwhile, following the PPI report, we haven’t seen any significant repricing in expectations around the CPI report, with analysts’ estimates and swap pricing basically unchanged from a day prior. So it is tough to walk away from the data point and think that anything significant changed or that it foretold anything.
The chart of the PPI index itself certainly doesn’t look like one that is seeing inflation slowing. It looks like a chart that has broken out of a bull flag and is preparing to make another run higher.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Volatility Spike Likely Today Heading Into Major Economic Data ReleasesMarket Overview Analysis by Michael Kramer covering: S&P 500, CBOE Volatility Index. Read Michael Kramer's latest article on Investing.com
Read more »
Michael Cohen considers congressional run over frustration about congestion pricingMichael Cohen, former President Trump's onetime personal lawyer and now a star witness in the hush-money case against him, recently announced he wants to run for Congress as Democrat this year in part because he is fed up with congestion pricing policies and the enormous state and federal taxes in New York.
Read more »
Stocks Keep Inching Higher Despite Liquidity Drain: What to Watch Out for TodayStocks Analysis by Michael Kramer covering: S&P 500. Read Michael Kramer's latest article on Investing.com
Read more »
Stocks Ripe for a Healthy Correction as Bullish Momentum WanesStocks Analysis by Michael Kramer covering: S&P 500, Arm Holdings ADR. Read Michael Kramer's latest article on Investing.com
Read more »
High Stock Valuations May Trigger a Short-Term Market CorrectionStocks Analysis by Michael Kramer covering: S&P 500, Boeing Co, Microsoft Corporation, Alphabet Inc Class A. Read Michael Kramer's latest article on Investing.com
Read more »
Did Last Week’s Jobs Data Really Make a Case for Rate Cuts?Market Overview Analysis by Michael Kramer covering: USD/JPY, USD/CAD, Nasdaq 100, S&P 500. Read Michael Kramer's latest article on Investing.com
Read more »