-
Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
EM Policy
EM Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM EM POLICY: -
G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts -
Emerging Markets
Emerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
-
Commodities
Commodities
Real-time insight of oil & gas markets
-
Credit
Credit
Real time insight of credit markets
-
Data
-
MNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
-
About Us
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessUS Data: Highlights of Market Estimates of Economic Forecasts
Repeats Story Initially Transmitted at 22:11 GMT Jan 10/17:11 EST Jan 10
WASHINGTON (MNI) - The following are highlights of forecasts for upcoming
U.S. economic indicators provided by Bloomberg estimates. The comment section
presents the key elements behind the median forecasts.
Consumer Price Index for December(percent change)
Tuesday, Jan. 14 at 8:30 a.m. ET Actual:
Median: Dec19 Nov19 Oct19
CPI +0.2% -- +0.3% +0.4%
CPI Core +0.2% -- +0.2% +0.2%
Comments: Headline U.S. consumer inflation is expected to slow in December,
with markets expecting a +0.2% increase following November's 0.3% gain. Energy
prices, which surged 2.7% in November, should continue to increase in December,
mainly on the back of rising December gasoline prices. Core CPI is expected to
grow steadily in December, with markets forecasting a third straight month of
0.2% growth.
Producer Price Index for December(percent change)
Wednesday, Jan. 15 at 8:30 a.m. ET Actual:
Median: Dec19 Nov19 Oct19
PPI +0.2% -- flat +0.4%
Core PPI +0.2% -- -0.2% +0.3%
Core PPI ex trade +0.2% -- flat +0.1%
Comments: PPI and Core PPI for December are both expected to increase by
+0.2% with core services slated to be the main driver of core PPI.
Empire Manufacturing Index (index)
Wednesday, January 15 at 8:30 a.m. ET
Actual:
Median: Jan20 Dec19 Nov19
Index 4.0 -- 3.5 2.9
Comments: The Empire Manufacturing Index is expected to show a stabilizing
manufacturing sector for the region, rising to 4.0 from 3.5 in another month of
growth.
Philadelphia Fed Manufacturing Index (index)
Thursday, January 16 at 8:30 a.m. ET Actual:
Median: Jan20 Dec19 Nov19
Index 3.8 -- 2.4 10.4
Comments: The Philadelphia Fed Manufacturing Index is expected to continue
climb slightly to 3.8 in January from 2.4 in December.
Retail Sales (percent change)
Thursday, January 16 at 8:30 a.m. ET Actual:
Median: Dec19 Nov19 Oct19
Retail Sales +0.3% -- +0.2% +0.4%
Retail ex mv -- -- +0.1% +0.3%
Retail ex mv+gas +0.3% -- flat +0.2%
Comments: U.S. retail sales should rise 0.3% in December, outpacing a 0.2% gain
in November. Vehicle sales dropped off this month after rising 0.5% in November,
which will likely hold down headline sales. But gas prices, which rose in
December, could offset some of that drag. Excluding motor vehicle sales, retail
sales are expected to rise 0.2% after a 0.1% increase in November. A solid
December jobs report, despite a slight deceleration in wage gains, and improving
consumer confidence should support another positive month for retailers.
Import/Export Prices for December (percent change)
Thursday, Jan. 16 at 8:30 a.m. ET Actual:
Median: Dec19 Nov19 Oct19
Import Price Index +0.4% -- +0.2% -0.5%
Export Price Index +0.3% -- +0.2% -0.1%
Comments: The import price index is expected to increase +0.4% while the
export price index is expected to rise by 0.3%, the second straight month of
increases for both indices.
Weekly Jobless Claims (thousands)
Thursday, Jan. 16 at 8:30 a.m. ET
Actual:
Median: Jan11 Jan04 Dec28
Initial Claims 220K -- 214K 222K
Comments: Weekly jobless claims are expected to stay relatively level at
220K for the week ending January 11.
Business Inventories for November(percent change)
Thursday, Jan. 16 at 10:00 a.m. ET Actual:
Median: Nov19 Oct19 Sep19
Inventories -0.1% -- flat -0.1%
Comments: Business inventories for November are expected to decrease by
-0.1%.
NAHB Home Builder Index (index)
Thursday, Jan. 16 at 10:00 a.m. EST Actual:
Median: Jan20 Dec19 Nov19
Index 76 -- 76 71
Comments: The National Home Builder Index is slated to stay unchanged at
76 despite the increased need for affordable homes.
Housing Starts & Building Permits (millions)
Friday, Jan. 17 at 8:30 a.m. ET Actual:
Median: Dec19 Nov19 Oct19
Starts 1.380m -- 1.365m 1.314
Permits 1.467m -- 1.482m 1.461
Comments: Housing Starts & Building Permits are expected to remain
relatively steady at 1.380m and 1.467m, respectively.
Industrial Production (percent change)
Friday, Jan. 17 at 9:15 a.m. ET
Actual:
Median Dec19 Nov19 Oct19
Ind. Prod. flat -- +1.1% -0.9%
Cap. Util. 77.2 -- 77.3 76.6
Comments: Industrial production is expected to remain unchanged in December
with capital utilization staying nearly flat at 77.2%.
University of Michigan Survey for January (preliminary)
Friday, Jan. 17 at 10:00 a.m. ET Actual:
Median Jan20p Dec19 Nov19
Consumer Sent 99.2 -- 99.3 96.8
Comments: The Michigan Sentiment index is expected to reach 99.2, a
marginal decrease from December's 99.3.
--MNI Washington Bureau; +86 (10) 8532-5998; email: ryan.hauser@marketnews.com
[TOPICS: MTABLE]
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.