Market Context

Core CPI

Core CPI is a measure of consumer price inflation that excludes food and energy categories.

CPI

CPI, or Consumer Price Index, measures changes over time in prices paid by consumers for a basket of goods and services.

DXY

DXY commonly refers to the U.S. Dollar Index, which measures the value of the U.S. dollar against a basket of major currencies.

Economic Calendar

An economic calendar lists scheduled economic releases, central bank decisions and other events that may affect financial markets.

Federal Funds Rate

The federal funds rate is the interest rate at which eligible depository institutions lend reserve balances to one another overnight, with the Fede...

FOMC

FOMC stands for Federal Open Market Committee, the Federal Reserve body responsible for key U.S. monetary policy decisions.

NFP

Nonfarm Payrolls, commonly abbreviated NFP, is a major U.S. employment report measuring changes in payroll employment across most nonfarm industries.

PCE Inflation

PCE inflation refers to inflation measured using the Personal Consumption Expenditures price index.

Risk Off

Risk off describes market conditions in which investors are generally reducing exposure to assets perceived as carrying greater risk and favoring m...

Risk On

Risk on describes market conditions in which investors are generally showing greater willingness to hold assets perceived as carrying higher risk.

US Treasury Yield

A U.S. Treasury yield represents the market yield associated with U.S. government debt of a particular maturity.

US10Y

US10Y commonly refers to the yield on the 10 year U.S. Treasury note.

VIX

VIX is an index designed to measure the options market's expectation of near term volatility in the S and P 500. It is often referred to as a measu...