Free Markets, Free People

Economic Statistics for 12 Sep

As it happens, there are no statistical releases for today, so we get a slight breather. But we are awaiting some important releases over the course of the week, with the most important of them hitting Wednesday and Thursday.  The highlights of the coming week are as follows:

  • Tomorrow’s Import/Export prices is of moderate importance, as is the afternoon’s release of the Treasury budget
  • Wednesday brings us the PPI and Retail Sales
  • Thursday is the big day of the week, with the release of the CPI, Philly Fed, Industrial Production, and Jobless Claims.
  • Consumer sentiment closes the week out on Friday.

Obviously, the inflation numbers for producers and consumers are the key data for this week. The consensus estimate for the PPI is for a –0.1% drop in prices, and a 0.2% price increase at the consumer level.

Dale Franks
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One Response to Economic Statistics for 12 Sep

  • Today, New York Stock Exchange has invoked Rule 48, which provides the exchange with the ability to suspend the requirement to disseminate price indications and obtain floor-official approval prior to the opening when extremely high market-wide volatility could cause floor-wide delays in opening of securities on the exchange.