US: Focus on August CPI release - BBH

Research Team at BBH, suggests that during the North American session, the US reports August CPI, September University of Michigan sentiment, and July TIC data. 

Key Quotes

“None are expected to be market movers.  Headline inflation is seen ticking up to 1.0% y/y, while core is seen steady at 2.2% y/y.  Michigan inflation expectations will be of interest, with both 1-year and 5 to 10-year at 2.5% last month. 

Canada reports July manufacturing sales (1.0% m/m expected).”