What to Watch in the Day Ahead - Friday, December 9

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 What to Watch in the Day Ahead - Friday, December 9
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(The Day Ahead is an email and PDF publication that includes the day's major stories and events, analyses and other features. To receive The Day Ahead, Eikon users can register at . Thomson One users can register at RT/DAY/US. All times in ET/GMT) The Labor Department is expected to report the producer price index (PPI) for final demand rose 7.2% in the 12 months through November, compared with an 8% rise in the year-ago period. On a month-on-month basis, the PPI for final demand likely remained unchanged at 0.2% in November. Excluding food and energy, the PPI likely rose 0.2% in November, after remaining flat in the previous month. In the 12 months through November, the core PPI likely increased 5.9%, after rising 6.7% in October. Separately, the University of Michigan is set to report that preliminary December reading on the overall index on consumer sentiment likely rose to 56.9 from 56.8 in the previous month. Meanwhile, data from the Commerce Department will likely show wholesale inventories rose 0.8% in October, the same rate at which they increased in September. The Federal Reserve issues quarterly financial accounts of the United States in its Flow of Funds report for the third quarter of 2022, in Washington. A Delaware federal court is scheduled to hold oral arguments on cancer-screening company Guardant Health Inc and its founders' motion to dismiss a trade-secret lawsuit brought by genetic-analysis company Illumina Inc. Statistics Canada is scheduled to report the Canadian industries' capacity utilisation data for the third quarter. LIVECHAT-REUTERS GLOBAL MARKETS FORUM Jon Caplis, CEO of PivotalPath, discusses hedge fund performance and trends to expect next year. (1015/1515) To join the discussion, click here (Compiled by Shreya Sabharwal in Bengaluru; Editing by Shilpi Majumdar)


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