US: PPI inflation and Jobless Claims in focus – TDS

Sandeep Kanihama FXStreet Contributor

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.”

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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