KG: September PPI & Retail Sales Prominent, DELL & DE Key Earnings This Week

Economic Indicators - Retail sales for September are expected to show a month-over-month increase of 0.4%, indicating a healthy consumer environment, while core retail sales are estimated at 0.3% [3][4] - The Producer Price Index (PPI) is anticipated to show a headline CPI of 0.3% and core CPI of 0.2%, which would be a positive sign for inflation trends [4][5] Market Activity - The trading volume in E-Mini S&P 500 futures is low, with over 500,000 contracts traded, suggesting a light trading week due to the holiday [6][8] - Volatility is expected to remain elevated, with the S&P 500 testing the 20-week moving average and potential resistance at the 50-day moving average of 5,712 [7] Company Earnings - Key earnings reports to watch include Alibaba, which is expected to report soon, and Dell, which will report on Wednesday amid discussions about high memory prices [9][10] - Deere & Company is also highlighted, with recent trends showing a potential bullish crossover in its MACD, indicating a possible catch-up trade against its peer Caterpillar [12][13] Geopolitical Factors - Ongoing peace talks between Russia and Ukraine are affecting commodity prices, particularly crude oil, which saw a recent decline but is now trading flat [17][20] - The EU's concerns about concessions to Russia in the peace deal could impact energy markets, with low inventory levels in the U.S. for diesel and gasoline [20][21]