Good morning contrarians! The U.S. Producer Price Index, or PPI, for October is the main economic data release today, due at 0830. Economists expect this to have increased by 0.6% over September, slightly above the 0.5% seen the previous month. The core figure is expected to have increased by 0.5% versus 0.2% in September.

More on what to watch today in the briefing and podcast:
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