US PPI Jan 17

Last month, PPI came out extremely high! But failed to make a USD Rally!

Reason: "The result is unbelievable" mentality.

PPI has not been performing well. I would suggest to trade conservatively for this news. Historic Data shows that traders favor a bad PPI to cause a massive USD sellout. I hope that happens later though.

BurgerKing do you have anything views on the TIC report which is half an hour later? please.

I dont have historic chart for TIC report unfortunately. But if memory serves me right, it does not make much of a volatility.

what about revision do u think we could see down revision for last month becasue it was unbelievable we saw last month retail sals was strong numbers and it revised down

maybe Fed get mistakes with last month numbers "last month last release"

TIC Report Historical DATA

There will be a revised of last PPI rite this night? I think eventhough the next PPI is positif, the last PPI will be make it a whipsaw price.since last month PPI beyond everyone prediction.

if there is a revision will this be the first time there are revisions for ppi ?

PPI m/m Core Actual 0.3% 4cast 0.2%

PPI m/m, 0.2% 0.4%


Comments
Moved 33p then it went back to PRP and sold off a little bit more and returned back to PRP. Only moved slightly higher later on.

How is PPI Data collected? By asking the producers of their output prices or what?

And has there been any revisions before?

What move (pips) could we expect from PPI?

Tx u very much Khaldonm for your post.. Do u have any other statistics?

this from last PPI release :

PPI Weights to be Updated

The Bureau of Labor Statistics will soon update the value weights used
to calculate Producer Price Indexes to more accurately reflect recent
production and marketing patterns. The new weights, which will be
introduced in February 2007 with the release of January 2007 index data,
will be based on shipment values from the year 2002. These value weights
come from the Census of Manufactures, the Census of Mining, the Census of
Services, and the Census of Agriculture. PPI weights have been based on
1997 census shipment values since January 2002.

All indexes will be affected by this weight update, including all the
industry net output indexes, as well as those calculated for traditional
commodity groupings. In addition, weights will be updated from the 1997 to
the 2002 census for all stage-of-processing indexes, durability of product
indexes, and special commodity-grouping indexes. This weight revision will
not change the arithmetic reference base, in most cases 1982 = 100, of the
PPI index system.

It is important to note that the PPI classification system and
aggregation structure will not change as a result of these weight
revisions. The weight update, however, will result in significant shifts
in the relative importance of various industries and products, and these
shifts will impact future aggregate indexes in a manner commensurate with
the relative gains and losses in value weights from 1997 to 2002.

Relative importance figures as of December 2006, based on the 1997 and
2002 weighting schemes, will be available on February 14, 2007, two
business days prior to the release of January 2007 PPI data. This
information will be available on the PPI website at www.bls.gov/ppi or by
calling the Division of Industrial Prices and Price Indexes, Section of
Index Analysis and Public Information at 202-691-7705.

Thirty years ago when it was known as the Wholesale Price Index (WPI) a sample of prices was collected from 10,000 wholesalers each month, submitted to the Bureau of Labor Statistics, which compiled the info and created an index.

WPI was then changed to the Producer Price Index (PPI) and the sample was enlarged to 100,000 prices. Sample may be larger today but still issued by BLS.

Another "Unbelievable" number. And traders arent buying?

long 1.9649 pound

i loaded up at 8:29:50am with a sell jump out with 15+ pips then i went long at 1.9649 took 10 pips now holding 1 standard lot at 1.9649

this is what i call the big payback from yesterday.

+14 on eur for me...

I held on to my short position too long and ended up with a loss. Any ideas why these releases didn't help the dollar?

There is TIC report coming through in 8 minutes guys

I decided yesterday to stand aside on these reports today. The histories of them are very volatile and


Better to have not traded than to have traded and lost.

Better to have a missed opportunity than lost capital.

After all more opportunities will come along, maybe even today, but Capital once lost is gone forever.


Just some good advice that I have learned to apply for own benefit.

DC