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US CPI inflation in focus – Danske Bank

FXStreet (Delhi) – Research Team at Danske Bank, note that today’s market focus will be on the release of US CPI inflation numbers for September.

Key Quotes

“The headline figure should move into deflation but core CPI is expected to be unchanged at 1.8% y/y. Yesterday's US PPI numbers were low showing deflation in the core PPI for September of -0.3% m/m. This suggests that the strong USD continues to hold down price pressure in the goods producing industry.”

“US initial jobless claims are due for release and should stay within recent ranges.”

“A number of Fed speeches today including comments from Bullard (non-voter, hawkish), Dudley (voter, dovish) and Mester (non-voter, hawkish).”

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