IOY Capital

Tag: Palladium

  • What a Week! PPI Surprises, Power Moves, and Red Markets !!!

    The second half of the week came in hot, with two major events on our radar: the Producer Price Index (PPI) release and the Trump-Putin meeting.

    PPI: A Surprise Upside

    We got better-than-expected PPI data, which begs the question—are we finally seeing the inflationary effects of Trump’s tariffs? It’s a valid consideration, and one that could weigh heavily on policymakers as they decide whether to cut rates in September. Personally, I wouldn’t want to be in their shoes right now—lol.

    Trump Meets Putin: All Optics, No Substance

    The Trump-Putin meeting wasn’t really giving, to be honest. The most dramatic moment? Trump flexing with a stealth bomber flying over Putin’s head. That was a serious power move. But beyond the theatrics, there wasn’t much substance. We heard there was “progress,” but no concrete outcomes. Must be nice to be rich enough to fly across the globe for a meeting and leave with nothing definitive.

    Weekly Market Wrap

    Risk-on assets ended the week in the red. Equities, crypto, the DXY, and precious metals all closed lower. I wasn’t spared either—woke up to my palladium trade down 1.82%. If anyone’s hiring, I’m available!

    That’s all for this week. Enjoy your weekend, and let’s regroup on Monday for our weekly outlook.

    Disclaimer: This is not financial advice. The content shared here reflects my personal opinions and observations on current market events. Please consult a licensed financial advisor before making any investment decisions

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  • Midweek Market Recap: CPI, Trump, and What’s Next ?

    For the first half of the week, all eyes were on the almighty CPI. Why, you ask? Well, Trump has been putting pressure on the Fed to cut rates and hasn’t held back in expressing his views on Fed Chair Powell in the media. This comes on the heels of newly announced tariffs on various countries last week, which put the market in a cautious mood. Investors were watching closely to see if inflation would dip, potentially paving the way for a rate cut.

    What did we get?

    CPI year-over-year came in at 2.7%—lower than expected but unchanged from the previous reading. Month-over-month CPI was in line with expectations at 0.2%, but lower than the previous figure. Core CPI YoY surprised to the upside at 3.1%, while MoM was steady and met expectations.

    Stripping away the jargon: inflation data was broadly in line with market expectations. As a result, the market is now cautiously optimistic about a potential rate cut in September.

    Meanwhile, Trump’s having a good week.


    He’s gearing up for potential talks with Putin on Friday, making progress with China on tariff negotiations, and seeing an uptick in U.S. customs revenue—giving him bragging rights. He’s now claiming his tariffs aren’t inflationary and urging Powell to cut rates. Oh, and he also mentioned suing Powell over how he handled the Fed’s renovation—but that’s a story for another day.

    Back to the markets—how are they reacting, and what’s next?

    Optimism is building around a September rate cut. Treasuries are up, the dollar is down, and equities are climbing—classic signs of a risk-on environment. Looking ahead to Friday, retail sales data and the Trump-Putin conversation on Ukraine will be key. Keep an eye on oil.

    My next moves

    Like James Bond, I’m waiting patiently to catch the full risk-on wave. Markets are currently elevated—too rich for my blood. I’m cautiously long on palladium and watching closely for entry points in oil.

    Palladium

    Oil

    Disclaimer: This is not financial advice. The content shared here reflects my personal opinions and observations on current market events. Please consult a licensed financial advisor before making any investment decisions

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