US: Import prices and initial jobless claims in the limelight - BBH
|Research Team at BBH, suggests that the US reports import prices and initial jobless claims today.
Key Quotes
“Import prices are expected to firm in September, and a rise of more than 0.2% may warn of bigger than expected rise in tomorrow's PPI reading. That said, the retail sales report tomorrow (released at the same time as the PPI) is the more important of the two releases.
Weekly jobless claims were lower than expected last week, but it is next week's report that coincides with the monthly survey for non-farm payrolls. The Fed's Harker and Kashkari speak, but here too, tomorrow's event, Yellen's speech at a Boston Fed conference, overshadows the regional Fed Presidents.”
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