MORNING MINUTE JUNE 12th

Morning everyone. Darren Leviathan Financial, markets are kind of treading water at the moment. S and p only marginally up and everything pretty much unchanged as we wait for the weeks events, which are tomorrow’s c p I and then the Fed meeting, the expectation is that they will not do anything for the June meeting, but. Will more than likely do something in July. And a lot of the rhetoric that’s come out, uh, should emphasize a skip is not a pause. So, although the odds are that we will not hike rates this week, , the odds are that we will hike rates either this week or the next meeting. And we should note the Bank of Canada after four months of doing nothing, actually raise rates last week.
So, uh, inflation fight may not be over. We have no numbers today, so it’s gonna be expect to see volatility. Stay on the firm side for the numbers tomorrow and the fed meeting on Wednesday. Other than that, everyone, good luck trading and have a great day.