Free Trial

Persistent rumors over a strong read.....>

US PREVIEW
US PREVIEW: Persistent rumors over a strong read of Fri's core CPI have been
making the rounds this week. Compared to current mean est of 0.1%, Nomura
strategists "expect a strong rebound of 0.3% (0.271%) m-o-m in core CPI in
December following a disappointing reading of 0.117% in the previous month.
November's core CPI reading was partially dragged down by an unusually large
decline in apparel prices, which we expect to revert in December." Nomura said a
strong number Friday "will likely push up the y-o-y rate to 1.8% (1.759%) in
December, from 1.7% in November."

To read the full story

Close

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.