Presently we find the Euro along with Gold below their respective Neutral Zones for today, the Dollar continuing to get a bid throughout the week; the rest of the BEGOS Markets are within their Neutral Zones, and volatility — not surprisingly ahead of the FedChair’s address (14:00 ET) — is quite light. Equities may not take kindly to lack of affirmation for a FedFunds rate cut; clearly July’s PPI spike is an inflationary concern upon which we’ll again address in tomorrow’s 823rd consecutive Saturday edition of The Gold Update. Should the S&P 500 “let go” over the ensuing trading days, there is a structural support “island” spanning from 6059 down to 5767, the mid-point of which is 5913; instead should the FedChair put a rate cut on the table, we’d expect the S&P to resume rallying. The Econ Baro concluded its week yesterday, as posted on its page.