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USDCAD TECHS

Stronger In a Range

AUDUSD TECHS

Weaker In A Range

US TSYS SUMMARY

Ending The Week On A Soft Note

EURJPY TECHS

Bearish Risk Growing

USDJPY TECHS

Stronger, But Still Vulnerable

US

SP500 PE Ratio vs. CPI Inflation

Looking at Thursday's 8:30am ET.....>

US DATA PREVIEW
US DATA PREVIEW: Looking at Thursday's 8:30am ET US data, the MNI economist poll
had a 240K median forecast for the initial jobless claims and 0.2% median
estimate for July PPI and July Core PPI. And the MNI Main Wire story by Sara
Haire and Holly Stokes said "expectations for this week's July inflation reports
point to moderately faster monthly growth than in the previous month, but at
rates that should keep the year/year pace safely below 2%." 
- "Analysts see headline CPI, released on Friday, posting a 0.2% increase in
July, up from a flat reading in June," the story said. "Additionally, analysts
expect core CPI to increase 0.2%, up from 0.1% in June. This would set both core
and headline CPI year/year to a 1.8% increase. PPI will be released the day
prior to CPI and the median forecast for the headline and core is also expected
to match 0.2% gains." (For more see 7:35am ET Thurs Main Wire story. - Jefferies
economists project initial weekly jobless claims will be 240,000, while July PPI
and core PPI will be at 0.2%. 
- Amherst's Stephen Stanley projected a 0.3% July PPI gain and same core. 
- BMO economists projected a 0.1% PPI but 0.2% Core PPI.