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Key Events This Week:
US CPI Inflation Data - Wednesday
Oracle Earnings - Wednesday
US PPI Inflation Data - Thursday
Weekly Jobless Claims - Thursday
Adobe Earnings - Thursday
US-China Trade Developments
Energy Market Headlines
We have a big week ahead.
Inflation remains the market’s most important variable this week.
A hotter-than-expected CPI report could reduce rate-cut expectations, strengthen the US Dollar, and increase volatility across stocks, bonds, and crypto.
🚨 BREAKING: The NBA has VETOED the trade sending Luka Doncic to the Lakers for Anthony Davis and Max Christie, per @ShamsCharania.
NBA Commissioner Adam Silver has since explained that the veto was due to "basketball reasons."
When asked why he waited almost 2 months to veto the trade, Silver said he "wanted to see how it went first."
This is the second time the NBA has vetoed a trade for the Lakers to receive a superstar.
LeBron James gets his championship co-star back!