12 January 2023 – 09:25 Central Euro Time

At present the Bond, Gold and Silver are above their Neutral Zones for today; Copper is below same, and BEGOS Markets’ volatility is again light-to-moderate. Across the six prior trading days, Copper has increased nearly 13%, ’tis said as China further opens. The “live” (futs-adj’d) P/E of the S&P is now 38.8x; our MoneyFlow page for the S&P continues to anticipate a broadly lower move in due course. Q4 Earnings Season thus far is feeble, but we’ll see in the next days how the financials fared. December’s CPI and Treasury Budget are among today’s Econ Baro incoming metrics.