Free Trial

Traders await Fri 8:30am ET Sept....>

US DATA PREVIEW
US DATA PREVIEW: Traders await Fri 8:30am ET Sept CPI. MNI economist poll had
median estimate of 0.6% Sept. CPI, following 0.4% energy-related rise in Aug.
Analysts expect energy prices to move even higher after Aug 2.8% surge, as
hurricanes' impact particularly on gas, continued; core CPI median: 0.2%.
- Nomura Lewis Alexander: "Given higher energy prices and a decent increase in
core components, we expect headline CPI to rise strongly by 0.7% (0.672%) m/m in
September, which wld translate into y/y rate of 2.3% (2.346%) on a y/y basis."
He expects Sept core CPI (ex food and energy) to "rise decently by 0.2% (0.235%)
m/m for September, following a 0.248% gain in August."
- Goldman Sachs saw a 0.6% CPI gain and a 0.2% Core CPI gain.
- JPM saw 0.6% CPI rise and a 0.2% Core CPI gain.
- Morgan Stanley: 0.7% CPI gain and a 0.2% Core CPI rise. 
- Amherst Pierpont Stephen Stanley: 0.6% CPI gain, 0.2% core CPI; said CPI
forecast "on an unrounded basis is a very low 0.6% and thus cd easily round down
to 0.5% (though it doesn't seem that the interpretation of the result will
differ much between a 0.5% or 0.6% rise."

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.
}); window.REBELMOUSE_ACTIVE_TASKS_QUEUE.push(function(){ window.dataLayer.push({ 'event' : 'logedout', 'loggedOut' : 'loggedOut' }); });