Financial and Commodity Previews and Analysis
Key news today includes: (1) Sep CPI (expected +0.6% m/m and +2.3% y/y, Aug +0.4% m/m and +1.9% y/y) and Sep CPI ex food & energy (expected +0.2% m/m and +1.8% y/y, Aug +0.2% m/m and +1.7% y/y), (2) Sep retail sales (expected +1.7% and +0.9% ex autos, Aug -0.2% and +0.2% ex autos), (3) Boston Fed President Eric Rosengren (non-voter) delivers opening remarks at the Boston Fed conference on “Are Rules Made to be Broken? Discretion and Monetary Policy Text,” (4) prelim-Oct University of Michigan U.S. consumer sentiment (expected -0.1 to 95.0, Sep -1.7 to 95.1), (5) Aug business inventories (expected +0.7%, Jul +0.2%), (6) Chicago Fed President Charles Evans (voter) discusses current economic conditions and monetary policy at the Wisconsin Summit on Financial Literacy in Green Bay, WI, (7) Dallas Fed President Robert Kaplan (voter) speaks in a moderated Q&A session at the CFA Institute’s Fixed Income Management Conference in Boston, (8) USDA weekly Export Sales.