Technical Analysis
US data calendar for Friday 9 Dec. includes Nov. PPI and Michigan consumer sentiment
Those two in the headline are the biggies, but there are heaps more (pic below is from
the
ForexLive economic data calendar, access
it here.)
The market focus is well and truly on inflation, especially with the Federal Open Market Committee (FOMC) coming up next week. PPI is ‘upstream’ inflation (although the link to CPI can be variable!) while consumer sentiment is an input to consumer spending/demand and hence transits to inflation in that way.
The
times in the left-most column are GMT.
The
numbers in the right-most column are the ‘prior’ (previous
month/quarter as the case may be) result. The number in the column
next to that, where there is a number, is the consensus median
expected.
