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Daily Outlook – August 18 2011
Existing Home Sales in the US and Retail Sales in the UK are the major market-movers. Let see what awaits us today. In the US, Consumer Price Index (CPI), measurement to value the goods and services prices, a raise -0.2% to 0.2% is forecasted this month. Meanwhile the Core CPI (excluding food and energy) is expected to drop by 1% to 0.2%. Later in the US, Unemployment Claims, new insurances on the passing week growth to 403k is expected now from 395K on the last week.
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