US: PPI inflation and Jobless Claims in focus – TDS
|In view of analysts at TD Securities, the market expects the US PPI inflation to advance 0.2% m/m in November, lifting the annual measure by two tenths to 1.3% y/y.
Key Quotes
“Core prices are also expected to rise at a similar monthly pace, leading to a one-tenth gain on the annual to a still tame 1.7% y/y pace.”
“Separately, consensus projects initial jobless claims to rebound to a still moderate 214k for the week of Dec 7, up from a soft 203k print in the prior week.”
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.