What to Watch in the Day Ahead - Thursday, December 18
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The U.S. Labor Department will report November's CPI, expected to rise 0.3% month-on-month and 3.1% annually. Initial unemployment claims may fall to 225,000, while continued claims could rise to 1.930 million. The Philadelphia Fed's business index is forecasted at 3.0. Nike, Birkenstock, Darden Restaurants, and Cintas Corp are expected to report revenue changes. Mexico's central bank may cut its interest rate by 25 basis points to 7%. Argentina's trade surplus for November is anticipated at $869 million.
Source: Reuters The copyright of this article belongs to the original author/organization.
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