Morning, Traders!
It is Friday the 12th of January, here are some things to look out for today.
Sentiment
The dollar was little changed ahead of producer-price data from the United States, which analysts expected to remain benign.
Commodity currencies such as the Canadian dollar and the Norwegian krone outperformed their G-10 peers as crude oil prices rose amid increased Middle East tensions.
Early today, US equity futures were flat as investors considered the impact of persistent inflation on the outlook for monetary easing.
Docket
08:30 ET
US PPI for December
YoY - Median Forecast: 1.3% | Prior: 0.9% | Range: 1.8% / 0.8%
MoM - Median Forecast: 0.1% Prior: 0% | Range: 0.3% / -0.4%
Speakers
10:00 ET
Minneapolis Fed President Kashkari delivers welcoming remarks and participates in a fireside chat at the bank's annual Regional Economic Conditions Conference.
Text: No.
Q&A: Yes.
Good luck! Have a good weekend.
