Comfortable Fed day.
The second day of the FOMC assembly begins at 10 am ET and can conclude with a choice at 2 pm ET and a press convention half-hour afterwards.
Earlier than that we get the November PPI report. With CPI already launched yesterday, this report is downgraded to an afterthought however may nonetheless spark market strikes with a shock miss.
- Headline anticipated up 0.1% m/m and 1.0% y/y
- Ex meals and power anticipated up 0.2% m/m and +2.2% y/y
Then at 10:30 am ET, the weekly oil stock knowledge is out.
This text was written by Adam Button at www.forexlive.com.
