Gear up for negative reading of US CPI – TDS

Prashant Newnaha, Rates Strategist at TD Securities, suggests that the highlight of today’s session is Sep CPI and we are looking for -0.2%/m in the headline index via lower gasoline prices, while core should advance by +0.1%/m.
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Oil under pressure on US stockpiles rise

Oil prices at both the sides of the Atlantic declined on Thursday on increasing stockpiles in the US amid global growth slowdown.
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