14:33 · 12 January 2024

BREAKING: EURUSD gains after lower US PPI data

  • Core PPI in December comes in at 0% m/m vs 0.2% forecast -
  • Core PPI in December comes in at 1.8% y/y vs 2% forecast
  • Headline PPI in December comes in at -0.1% m/m vs 0.1% forecast
  • Headline PPI in December comes in at 1% vs 1.3% forecast
  • PPI inflation report shows colder than expected print across all readings!
  • March implied cut probability up to 84% after misses on PPI vs 72% before; 160bps of cuts prices across 2024 vs 152bps before

Source: XTB Research

The euro gains against the US dollar shortly after publication of PPI data.

Source: xStation 

29 June 2026, 07:23

Morning Briefing: What’s Next for the AI Play? (29.06.2026)

26 June 2026, 18:48

Daily Summary: Will the S&P 500 close the week with a loss❓Find out what drove the market today ⬇️

26 June 2026, 07:42

Economic Calendar: US consumer sentiment and Fed speeches in the focus (26.06.2026)

25 June 2026, 14:42

Market Wrap: Markets Rally on Strong Micron Data (25.06.2026)

This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.