Analysts at Nomura point out that the US PPI fell 0.1% m-o-m in August and will be a key economic release for today’s session in addition to the wholesale inventories data. Key Quotes “Excluding volatile food, energy and trade services, core PPI advanced only a modest 0.1% m-o-m. For September, we expect continued modest acceleration in prices for goods and services provided by domestic businesses. Although wage growth has picked up somewhat in the August employment report, producer price indices have not accelerated notably. Note that our forecasts for the August CPI report may be revised based on relevant components of the PPI report.” “Wholesale inventories: The Census Bureau’s advance estimates indicate a solid 0.8% m-o-m gain in August’s wholesale inventories led by both durable and nondurable goods. Firm increases in inventory investment will likely contribute strongly to overall real GDP growth in Q3.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Gold in search of a firm direction, stuck in a range around $1190 level FX Street 4 years Analysts at Nomura point out that the US PPI fell 0.1% m-o-m in August and will be a key economic release for today's session in addition to the wholesale inventories data. Key Quotes "Excluding volatile food, energy and trade services, core PPI advanced only a modest 0.1% m-o-m. For September, we expect continued modest acceleration in prices for goods and services provided by domestic businesses. Although wage growth has picked up somewhat in the August employment report, producer price indices have not accelerated notably. Note that our forecasts for the August CPI report may be revised based on relevant components… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
