Day Ahead in Trading September 10th, 2026 - PPI hits the market!
Summary
Blake Morrow analyzes the market's reaction to a hotter-than-expected PPI report, noting that the S&P 500 is probing the critical 7600 level while the dollar strengthens and crude oil breaks above $100. He highlights that commodities are surging, suggesting upcoming CPI data will likely be strong, which has pushed rate hike expectations to 70%. The episode warns that if the Fed fails to deliver a hike, global bond yields could face significant pressure ahead of the midterms.
Topics discussed
PPI data release and initial market reaction
S&P 500 critical 7600 level and support analysis
Dollar strength, Euro drop, and Crude Oil movement
Gold, Bitcoin breakdown and upcoming CPI expectations
Promotion for Trading Analytics platform and chat rooms
Commodity price surges and their link to inflation
Fed rate hike expectations and bond market pressure
Global yield issues and market volatility outlook
Community chat room features and engagement
Closing remarks and sign-off
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