Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
Thursday throws up a schedule of largely second tier data, with U.S. initial claims and factory gate inflation the likely standouts.
The European calendar sees Spanish final September inflation released at 0800BST, with the final number expected to be unchanged on the flash reading, coming in at 1.1% m/m and 4.0% y/y.
Swedish inflation is expected to show a pick-up in y/y headline inflation to 3.0% from August's 2.4%.
U.S. initial jobless claims are expected to see another modest decline, slipping to 325,000 from 326,000 last week. Continuing claims should fall to a fresh post-pandemic low of 2.696 million.
Factory gate inflation in the U.S. is again seen higher, with analysts forecasting a rise to 8.7% from 8.3% previously. Core PPI is expected to rise to 7.1% y/y.
Thursday will throw up a full slate of policy speakers, with BOE MPC members Catherine Mann and Silvana Tenreyro due to speak, as well as Fed Presidents Patrick Harker, Raphael Bostic, Mary Daly and John Williams.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.