Reply To: Bond Traders Weekly Outlook: CPI and FOMC on Deck

#48818
Truman
Participant

Friday – December 9

Earnings watch – Notable companies due to report include Li Auto (LI) and Johnson Outdoors (JOUT).

8:30 a.m. The producer price index report for November will be released to give investors a fresh update on inflation trends. Headline PPI is forecast to rise 0.3% during the month to outpace the +0.2% mark in October, but still come in lower than some of the hot readings during the summer. PPI food inflation is forecast to moderate from the 0.6% month-over-month pace in October due to a moderation in commodity prices but still remain in positive territory.

12:00 p.m. Shareholders with Turquoise Hill Resources (TRQ) will vote on the Rio Tinto deal.