14 Jan 2016
US: Initial jobless claims and import price data in focus - TDS
FXStreet (Delhi) – Research Team at TDS, suggests that the US data flow remains tepid with only two mid-tier releases.
Key Quotes
“TD expects initial jobless claims to increase to 283k while the market is calling for a fairly flat reading of 275k.
Import prices for December are the second release and are expected to extend the decline that has been brought on by the strengthening dollar. TD is sitting below consensus at –2.4% versus -–1.3%, both of which indicate deflation accelerating from November’s –0.3%.
President Bullard of St. Louis (a voting member in 2016) is the only speaker on the Fed circuit.”
Key Quotes
“TD expects initial jobless claims to increase to 283k while the market is calling for a fairly flat reading of 275k.
Import prices for December are the second release and are expected to extend the decline that has been brought on by the strengthening dollar. TD is sitting below consensus at –2.4% versus -–1.3%, both of which indicate deflation accelerating from November’s –0.3%.
President Bullard of St. Louis (a voting member in 2016) is the only speaker on the Fed circuit.”