US: CPI in focus this week – NBF
|Analysts at National Bank Financial, point out that in the U.S., the week will provide important information about the consumer price index in October.
Key Quotes
“Industrial production should have continued to suffer from the GM strike which likely hampered output in the manufacturing sector. October retail sales report will also come out and poor auto sales during the month may have translated in just a marginal expansion of headline retail outlays.”
“Fed officials will be busy this week. Chairman Jerome Powell is slated to testify before the Joint Economic Committee of Congress on Wednesday. Other officials will deliver speeches, notably Patrick Harker (Tuesday), Neel Kashkari (Tuesday and Wednesday), Richard Clarida (Thursday), Mary Daly (Thursday), John Williams (Thursday) and James Bullard (Thursday).”
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.