US: Wholesale Prices

Thursday, 15 December 2011 04:50

According to report of Labor Department released on Thursday, The Producer Price Index rose a seasonally adjusted 0.3% last month,satisfying expectations.

Also today The U.S. Department of the Treasury released Treasury International Capital (TIC) data for October 2011.

The TIC long term purchases index fell far more than expectations to total 4.8 billion dollars in October, from 68.3 billion in previous month.
That certainly disappointed expert’s estimated decline to 53.4 billion USD.

We can also add that Industrial production in the U.S. declined in November.
U.S. Federal Reserve report says that index fell by seasonally adjusted 0.2% in previous month, also disappointing expectations of 0.3% growth.

As for Forex market dollar continued losing against euro, with EUR/USD traded at 1.3037.