gold, page-113614

What a FAIL by the fed flop west is nearly cooked =TOAST
so fed by bad with bubbles??? bubbled last nights markets what the =
so all pressure in markets down fed props = as mUSt be close to toast =
print those bonds as printing why in this me$$=
what a fed flop
more unstaining fed fail
more ponzi & meta = fed led fake fake fake
unREall

• The U.S. Sep core CPI rose +6.6%, the fastest increase in 40 years,
• bolstering expectations for the Fed to raise interest rates by 75 bp at the Nov 1-2 FOMC meeting
• However, the equity markets have seen an impressively rally 2 hours into the trading day.
• U.S. Sep CPI rose +0.4% m/m and +8.2% y/y, stronger than expectations of +0.2% m/m and +8.1% y/y. Sep CPI ex-food & energy rose +0.6% m/m and +6.6% y/y, stronger than expectations of +0.4% m/m and +6.5% y/y with the +6.6% y/y gain the fastest pace of increase in 40 years.
• Dec 10-year T-notes (ZNZ22) today are down sharply by -1-10/32 points, and the 10-year T-note yield is up +14.2 bp at 4.038%. Dec T-note prices this morning plummeted to a nearly 15-year nearest-futures low, and the 10-year T-note yield soared to a 14-year high of 4.075%.
• Supply pressures are also weighing on T-notes as the Treasury will auction $18 billion 30-year T-bonds later today as part of this week’s $90 billion auctions of T-note and T-bonds
• USD/JPY (^USDJPY) today is up +0.23% and surged to a 32-year high.
• Japan Sep PPI rose +0.7% m/m and +9.7% y/y, stronger than expectations of +0.3% m/m and +8.9% y/y.
• Gold prices continue to be undercut by fund liquidation as long positions in gold ETF’s dropped to a new 2-1/4 year low Wednesday.

Stocks Rebound Off Lows Despite Hot U.S. Consumer Prices (barchart.com)