By Alyce Andres-Frantz

WASHINGTON, Sept 10 (MNI) - The Treasury market is expected to continue its ongoing flow-driven range trade in the week ahead, which could easily be amplified by an ongoing technical correction.

So far, September has been a bearish month for Treasuries. After seemingly five months of dip buying, yields hit their lows on the last day of August. Since then, sources noted, the Pavlovian response in the Treasury market has ceased as sellers have finally overpowered buyers.

The move has been predicated by well advertised supply in September.

By Theresa Sheehan

PRINCETON (SMRA) - The week ahead is busy with data releases, and many of them of high importance to markets. Foremost will probably be retail trade and the Consumer Price Index, but also of interest will be the manufacturing outlooks from the New York and Philadelphia Fed, and the first takes on consumer confidence in September.

By Kevin Kastner

WASHINGTON (MNI) - The value of wholesale inventories posted their largest monthly gain in two years in July, while sales rebounded from their recent declines, data released Friday morning by the Commerce Department showed.

FRANKFURT (MNI) - The following is the brief statement issued by the Bundesbank Thursday:

FRANKFURT (MNI) - The following is the brief statement issued by the Bundesbank Thursday:

Executive Board of the Deutsche Bundesbank submits application for the dismissal of Dr Thilo Sarrazin

The Executive Board of the Deutsche Bundesbank today took a unanimous decision to submit to the Federal President an application for the dismissal of Dr Thilo Sarrazin from the Executive Board. The Deutsche Bundesbanks corporate governance officer, Professor Uwe Schneider, fully supports this application.

** Market News International **

By Joseph Plocek

WASHINGTON (MNI) - The U.S. July trade balance improved to -$42.8 billion, a number that is more in line with recent trends, suggesting a limited impact on U.S. real growth. Imports fell after surging the prior period.

By Brai Odion-Esene and Ian McKendry

WASHINGTON (MNI) - Initial claims for U.S. state unemployment benefits fell by a massive 27,000 to 451,000 in the September 4 week after seasonal adjustment, according to data released by the U.S. Labor Department Thursday.

The Labor Department analyst said with Monday being a federal holiday, all state offices were closed and as a result, "there were a number of states that were not able to report data to us this week."

By Brai Odion-Esene

WASHINGTON (MNI) - The U.S. Energy Information Administration Wednesday lowered its estimate for revenue OPEC nations could earn from oil exports in 2010, reflecting uncertainty over the future path of energy prices and the stumbling economic recovery.

In the report -- based on projections from its September Short-Term Energy Outlook -- the EIA projects nominal OPEC net oil export revenues in 2010 to be $731 billion vs. $752 billion estimated in last month's report.