The US dollar is flexing a little early Monday. Forex trade is thinner than norma:
Asian timezone market holidays today - Australia is out
In the US, Sunday evening futures are open, Globex kicking off the week. US equity index futures are continuing their fall. Friday's CPI data was a shocker, triggering a renewed bout of stocks sellking:
US May CPI +8.6% y/y vs 8.3% expected
- m/m reading +1.0% vs +0.7% expected and 0.3% prior
SPX with the ugly gap:
(This chart is from our charting app, which is free and can be found at this link)
