December PPI Falls to -0.1%, Core PPI Rises 0.3%
January 18, 2012 by Lawrence Fayman · Leave a Comment
Producer Price Index (MoM): Survey: 0.1% Actual: -0.1% Prior: 0.3%
Producer Price Index (YoY): Survey: 5.1% Actual: 4.8% Prior: 5.7%
PPI Ex Food & Energy (YoY): Survey: 2.8% Actual: 3.0% Prior: 2.9%
US PPI Data Due at 8:30AM
January 18, 2012 by Lawrence Fayman · Leave a Comment
Plethora of 8:30am United States Data
December 15, 2011 by Lawrence Fayman · Leave a Comment
US PPI Data Due at 8:30AM
October 18, 2011 by Lawrence Fayman · Leave a Comment
PPI Stays with Forecast, Retail Sales Slightly Fall
September 14, 2011 by Lawrence Fayman · Leave a Comment
Producer Price Index (MoM): Survey: 0.0% Actual: 0.0% Prior: 0.2%
Producer Price Index (YoY): Survey: 6.5% Actual: 6.5% Prior: 7.2%
PPI Ex Food & Energy (YoY): Survey: 2.6% Actual: 2.5% Prior: 2.5%
Advance Retail Sales: Survey: 0.2% Actual: 0.0% Prior: 0.5% Revised: 0.3%
Core Retail Sales: Survey: 0.2% Actual: 0.1% Prior: 0.5% Revised: 0.3%
US Retail Sales & PPI Data Due at 8:30AM
September 14, 2011 by Lawrence Fayman · Leave a Comment
Bobbys Corner-Open Market-Aug.17.2011
August 17, 2011 by Bob Slade · Leave a Comment
Good Morning:
FX markets were disappointed at the announcement by the Swiss National Bank regarding the weakening the CHF. The idea of a peg against the Euro was discounted for now-as the SNB made no additional comments regarding this proposal.
The CHF rose again after the SNB’s lack of commitment regarding pegging the CHF to the Euro. For the SNB to peg the CHF to the Euro-it would cause the SNB to have a program of unlimited intervention to keep the peg maintained.
In the US- PPI (wholesale costs) rose .2%-which is higher than expected. The rising cost does eat into the consumers pocketbook, and this is a direct reason why spending by US consumers has dropped. The decline in commodity prices (ie: oil) have yet to positively impact consumers.
Year to date, the rise in wholesale costs has been 7.2% -even with companied reluctant to raise prices to consumers-these rising wjholesale costs are added to consumers costs in one way or another.
Are inflation fears back on center stage? We will need to see how the Fed reacts to this latest news-let’s hope they can get this figured out before it develops into an out of control situation.
Gold is higher-Equities are higher-and oil is higher.
HAVE A GREAT DAY & GOOD LUCK
New Zealand PPI Input Weaker, Output Stronger
August 16, 2011 by Lawrence Fayman · Leave a Comment












