US, PPI inflation for May:
- Headline: 1.1% y/y. Forecast: 1.5% y/y. Previously: 2.3% y/y
- Core: Currently: 2.8% y/y. Forecast: 2.9% y/y. Previously: 3.2% y/y
US500 index remains unchanged after the publication of PPI data, as investors are likely awaiting the FED's rate decision later today. The index is trading slightly below 4,380 points, below the 4,400 resistance level.
Daily Summary: Wall Street Under Pressure After Highest Inflation Reading Since 2023
US Open: Stronger CPI Triggers Fear on Wall Street!
BREAKING: U.S. CPI shows persistent inflation pressure! Dollar Strengthens After Data Release!
Market update: Starmer clings on, as we wait for CPI
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.
