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Thursday, June 25, 2009

Inflation remains in negative zone

Inflation based on the wholesale price index remained in the negative zone for the second week in a row. Inflation based on the wholesale price index declined 1.14% in the year through 13 June 2009. The decline was, however, smaller than a 1.61% fall in the year through 6 June 2009.

Inflation had dipped to negative in early June 2009 for the first time since 1977-78.

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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Saturday, Jun 07
01:00 CFTC S&P 500 NC Net Positions 1 $-69.4K $-53.0K
01:00 CFTC Gold NC Net Positions 1 $187.9K $174.2K
01:00 CFTC Oil NC Net Positions 1 168.0K 165.7K
01:00 CFTC GBP NC Net Positions 1 £35.2K £35.4K
01:00 CFTC AUD NC Net Positions 1 $-63.2K $-61.2K
15:10 BoE's Greene speech 2
Monday, Jun 09
24h Whit Monday 0
04:15 Manufacturing Sales 1 1.1%
19:30 Wholesale Inventories 1 0% 0%
21:00 3-Month Bill Auction 1 4.25%
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