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Wednesday, December 11, 2019

Wednesday Watch List

Markets
Early in the morning there will be the Consumer Price Index and Core CPI, two indicators of inflation, and comments from the Fed regarding interest rates. We will also be looking for any additional news about the USMCA and U.S.--China trade deals.

Weather
Snow and rain in the northeast to middle Atlantic region will end early Wednesday. Showers in Florida during the day. Light snow or snow showers in the Dakotas late in the day. Drier elsewhere in the key U.S. crop and livestock areas Wednesday. The central Argentina corn and soybean areas will be hot for one more day before the heat wave breaks. Highs yesterday were middle 90s to low 100s F. Increased stress to these crops