Analysts at TD Securities note the market expects the U.S. PPI inflation to advance 0.2% m/m in November, lifting the annual measure by two tenths to 1.3% y/y.

• “Core prices are also expected to rise at a similar monthly pace, leading to a one-tenth gain on the annual to a still tame 1.7% y/y pace.
• Separately, consensus projects initial jobless claims to rebound to a still moderate 214k for the week of Dec 7, up from a soft 203k print in the prior week.”