Overnight, France’s inflation rate hit 5.2% in May, the highest since September of 1985, and compared to 4.8% in April…
Right now, all major indices are in the green with NASDAQ futures leading the way up 65 points, or 0.57%, followed by S&P and Dow futures up 0.43% and 0.32%, respectively. The US-10YR is down 7 basis points this morning from yesterday’s close and oil is down 1.0% to $117 a barrel.
Happening today, Retail sales are projected to increase by 0.2% for the month at 8:30 AM, while Builder Confidence Index is expected to fall one point to 68 at 10:00 AM, and then the big Fed decision at 2:00 PM followed by the presser…