Oddbean new post about | logout
 What are the main events to look out for today? | Forexlive
==========

The main events to look out for today include the release of the US PPI figures, the US NFIB report, and a speech by Fed Chair Powell. The US Core PPI Y/Y is expected at 2.4% vs. 2.4% prior, while the Core M/M measure is seen at 0.2% vs. 0.2% prior. The US PPI measures changes in prices that manufacturers pay for goods during various stages of production. Before the PPI report, the US NFIB Small Business Optimism Index is expected to tick lower to 88.1 vs. 88.5 prior. This index is a leading indicator as small businesses generate roughly 45% of US economic activity. Finally, Fed Chair Powell is expected to speak, but it's unlikely that he will deviate from his recent comments before the US CPI report due tomorrow.

#UsPpi #UsNfib #FedChairPowell #EconomicIndicators

https://www.forexlive.com/news/what-are-the-main-events-to-look-out-for-today-20240514/