The Week Ahead
Following last week’s major reports on U.S. jobs, manufacturing, trade and more, the economic calendar isn’t nearly as full this week.
- Investors will be looking at the latest U.S. producer price inflation numbers, along with initial unemployment claims and ISM’s non-manufacturing (service sector) index.
- The consensus forecast is that the producer price index increased 0.4% in June while core PPI (excluding volatile food and energy prices) edged up just 0.1%.
- Overseas, we’ll get new industrial production reports from Germany, France, Italy, and India, along with releases on German manufacturers’ orders and merchandise trade, Japanese household spending and machinery orders, and Chinese producer and consumer price indexes.
- Please be safe and have a great week!
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