Seasonal adjustments in focus in the PPI report ...Middle East

The US PPI report is due at the bottom of the hour and I suspect there are upside risks. Both CPI and import/exports prices have surprised to the upside. I wonder if there has been some kind of bias introduced to January seasonal adjustment factors that's permeating through BLS releases.Given that, I would fade an upside surprise. This article was written by Adam Button at www.forexlive.com.

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