US DATA: Initial jobless claims +15k to 382k in Sept 8 holiday wk,
above the 370k expected. Labor said several states reported
Issac-related claims gains, with an impact of about +9k NSA. Also,
seasonal factors expected a larger drop in NSA claims than occurred,
suggesting a smaller SA rise without the Issac effect. The 4-wk moving
avg +3,250 to 375,000 Sept 8 wk, cont claims -49k to 3.283m Sept 1 wk.
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US DATA: The PPI +1.7% in Aug, core +0.2%. Energy prices +6.4% on 13.6%
jump in gasoline prices. Food prices +0.9%. Passenger car prices -0.2%
in Aug, but light truck prices +0.6%. Total finished goods prices +2.0%
yr/yr, compared with +0.5% in July. The core PPI was up 2.5% yr/yr in
Aug, unch from July. Intermediate prices +1.1% (core -0.2%), crude
prices +5.8% (core +2.2%).