Day Ahead: Top 3 Things to Watch for May 12
1.CPI Expected to Fall
The market will get the latest numbers on retail inflation tomorrw.
2. Lots of Fed Speak Scheduled
There are a host of Federal Reserve board members speaking tomorrow.
3. API Inventories on Tap
Oil prices settled lower today as concerns about new cases of Covid-19 globally canceled out the bullishness of Saudi Arabia cutting its output by an extra 1 million barrels per day.