Weekly Indicators: are trade war fears showing up in the data? edition

Commodity prices bottomed about one year ago. After briefly turning negative, metals have now surged higher since the election. Stock prices S&P 500 Up +0.3% w/w  Stock prices became a positive having made new all-time highs in summer, and more new highs since.. Regional Fed New Orders Indexes (*indicates report this week) Empire State up +8.3 to +11.4 Philly down -4.7 to +13.9 Richmond up +19 to +7 *Kansas City up +1 to +7 Dallas up +2.1 to -1.4 Month over month rolling average: unchanged at +8 (12 month high) The regional average has generally been lower than the ISM…

Source: XE news feed
Weekly Indicators: are trade war fears showing up in the data? edition