December PPI Falls to -0.1%, Core PPI Rises 0.3%

January 18, 2012 by · Leave a Comment 

Producer Price Index (MoM):     Survey: 0.1%    Actual: -0.1%     Prior: 0.3%  

PPI Ex Food & Energy (MoM):    Survey: 0.1%    Actual:  0.3%       Prior: 0.1%   

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 · Leave a Comment 

Plethora of 8:30am United States Data

December 15, 2011 by · Leave a Comment 

US PPI Data Due at 8:30AM

October 18, 2011 by · Leave a Comment 

PPI Stays with Forecast, Retail Sales Slightly Fall

September 14, 2011 by · Leave a Comment 

Producer Price Index (MoM):     Survey: 0.0%    Actual: 0.0%     Prior: 0.2%  

PPI Ex Food & Energy (MoM):    Survey: 0.2%    Actual:  0.1%       Prior: 0.4%   

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 · Leave a Comment 

 

Bobbys Corner-Open Market-Aug.17.2011

August 17, 2011 by · 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 · Leave a Comment 

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