1.0Verbank Advisors & Agriculturehttps://verbank.luverbankfarmshttps://verbank.lu/author/verbankfarms/rich600338<blockquote class="wp-embedded-content"><a href="https://verbank.lu/august102017/">US + Brazil Financial News (8/10)</a></blockquote> <script type='text/javascript'> <!--//--><![CDATA[//><!-- /*! This file is auto-generated */ !function(c,d){"use strict";var e=!1,n=!1;if(d.querySelector)if(c.addEventListener)e=!0;if(c.wp=c.wp||{},!c.wp.receiveEmbedMessage)if(c.wp.receiveEmbedMessage=function(e){var t=e.data;if(t)if(t.secret||t.message||t.value)if(!/[^a-zA-Z0-9]/.test(t.secret)){for(var r,a,i,s=d.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),n=d.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),o=0;o<n.length;o++)n[o].style.display="none";for(o=0;o<s.length;o++)if(r=s[o],e.source===r.contentWindow){if(r.removeAttribute("style"),"height"===t.message){if(1e3<(i=parseInt(t.value,10)))i=1e3;else if(~~i<200)i=200;r.height=i}if("link"===t.message)if(a=d.createElement("a"),i=d.createElement("a"),a.href=r.getAttribute("src"),i.href=t.value,i.host===a.host)if(d.activeElement===r)c.top.location.href=t.value}}},e)c.addEventListener("message",c.wp.receiveEmbedMessage,!1),d.addEventListener("DOMContentLoaded",t,!1),c.addEventListener("load",t,!1);function t(){if(!n){n=!0;for(var e,t,r=-1!==navigator.appVersion.indexOf("MSIE 10"),a=!!navigator.userAgent.match(/Trident.*rv:11\./),i=d.querySelectorAll("iframe.wp-embedded-content"),s=0;s<i.length;s++){if(!(e=i[s]).getAttribute("data-secret"))t=Math.random().toString(36).substr(2,10),e.src+="#?secret="+t,e.setAttribute("data-secret",t);if(r||a)(t=e.cloneNode(!0)).removeAttribute("security"),e.parentNode.replaceChild(t,e)}}}}(window,document); //--><!]]> </script><iframe sandbox="allow-scripts" security="restricted" src="https://verbank.lu/august102017/embed/" width="600" height="338" title="“US + Brazil Financial News (8/10)” — Verbank Advisors & Agriculture" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe>UNITED STATES   On the data front, the main indicator this week is CPI inflation—and although the market expects a relatively high number (0.2%momsa to 1.8%yoy) no one will cry if it disappoints, as it has for the last four months. The Fed seems to have taken this already into account. In fact, only a surprise to the upside would be a real surprise. We will also have new labor market data: The JOLTS series, which brings relevant information about how confident workers are to quit jobs. They more confident they are, the more likely it is that the job market is at or beyond full-employment. Recall that NFP increased by 209k in July – 29k above consensus forecasts and higher than the prior three-month average of 194k. The unemployment rate edged down, and earnings increased at a faster rate than expected. The labor market is hot, but still controversial. For one, productivity remains low—and this week brings a new reading, the first for Q2/17, together with unit labor costs. There will be data on wholesale prices, and several Fed speakers. Friday, August 11: CPI, July (Headline consensus +0.2%momsa; 1.8%yoy – Core consensus +0.2%momsa; 1.7%yoy). Readings back to March are weak, below […]