US: Focus on PPI inflation and consumer sentiment – TDS

Sandeep Kanihama FXStreet Contributor

Analysts at TD Securities suggest that the US October PPI is projected to reveal a moderation in producer-level pricing pressures, with consensus looking for the headline index to edge lower to 2.5% y/y, which reflects a 0.2% increase on the month.

Key Quotes

“Preliminary University of Michigan Sentiment for November will round out the week's data flow; the market consensus expects the headline index to drift lower to 98.0 from 98.6, which remains highly elevated on a historical basis.”

“Fed speakers include Williams and Harker, along with Quarles who is speaking on stress testing. The Fed also releases its inaugural Supervision and Regulation report.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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