US: Import prices and jobless claims in focus – TDS

Sandeep Kanihama FXStreet Contributor

According to analysts at TD Securities, US import prices are expected to have declined for the first time in five months at -0.2% m/m in May, which would bring the annual rate lower to -1.2%, a notable drop from -0.2% y/y in April.

Key Quotes

“Jobless claims should remain subdued at a soft 215k for the week of Jun 8, largely unchanged vs the previous week.”

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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