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Looking for deeper insight on markets? In tonight’s Closer sent to Bespoke Institutional clients, we begin with a look at EM currencies which are setting up to break out above their recent range. We then show how crack spreads surged on high gasoline demand as per the EIA data released today. We go further into this release to show how petroleum stockpiles have held up this week. More in economic data, we recap today’s CPI release which missed expectations due to autos and new apparel price methodology. We then turn to inflation indicators which have yet to show a peak in inflation. Stepping out of the ordinary, we move onto the University of Chicago’s General Social Survey for 2018 in which media consumption and government confidence showed some interesting points. We finish with our weekly look at fund flows.
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