US: Producer prices will be the highlight - TDS

According to analysts at TDS producer prices for March will provide the highlight of a subdued US event calendar.

Key Quotes

“The market looks for PPI to post a 0.1% m/m advance, or 0.2% excluding petroleum prices.”

“NFIB small business optimism and wholesale inventory revisions will round out the data; markets expect the NFIB index to edge lower to 107.0 in March while wholesale inventories are expected to be revised lower to a 0.8% increase.”

“We will also hear from Dallas Fed President Kaplan and Atlanta Fed President Bostic, but both speeches will come when North American markets are closed.”