Key Events This Week: 1. April-To The Moon - Tiger Brokers Online Investing Community - To The Moon

Key Events This Week:

1. April CPI Inflation data - Tuesday

2. OPEC Monthly Report - Wednesday

3. April PPI Inflation data - Thursday

4. April Retail Sales data - Thursday

5. Fed Chair Powell Speaks - Thursday

6. MI Consumer Sentiment data - Friday

Markets also await the outcome of this weekend's US-China trade talks.

April CPI Lower Than Expected! Rate Cut in Sept.?

April CPI rose 2.3% year-over-year, below the expected 2.4% and down from the previous 2.4%. Core CPI increased 2.8% year-over-year, in line with expectations and unchanged from the previous reading. Traders have increased their expectations for Fed rate cuts, now betting on a first cut in September and a second one in October. ------------- Will Fed cut rate in September? How will market move tonight?

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