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Thursday: PPI, Unemployment Claims, Fed Chair Powell Testimony

Summary:
Thursday:• At 8:30 AM, The initial weekly unemployment claims report will be released. The consensus is for 215,000 initial claims, up from 211,000 last week.• At 8:30 AM, The Producer Price Index for October from the BLS. The consensus is for a 0.3% increase in PPI, and a 0.2% increase in core PPI.• At 10:00 AM, Testimony, Fed Chair Jerome Powell, The Economic Outlook, Before the House Budget Committee, Washington, D.C.

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Thursday:
• At 8:30 AM, The initial weekly unemployment claims report will be released. The consensus is for 215,000 initial claims, up from 211,000 last week.

• At 8:30 AM, The Producer Price Index for October from the BLS. The consensus is for a 0.3% increase in PPI, and a 0.2% increase in core PPI.

• At 10:00 AM, Testimony, Fed Chair Jerome Powell, The Economic Outlook, Before the House Budget Committee, Washington, D.C.

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