Today’s decline in the WEI for the week of May 2 is driven by decreases in steel production and retail sales, as well as a small drop in consumer confidence. The upward revision of the WEI for the week of April 25 is a result of the decline in this morning’s staffing index release being less negative than previously available data.
Economic calendar: Manufacturing PMI data in focus, Palantir earnings in the background💡
Daily summary: A historic day for precious metals; SILVER loses 30%; USD gains 💡
Three Markets to Watch Next Week (30.01.2026)
EURUSD down 0.5% amid US PPI inflation report🚨