US PPI YoY (in April): 2.4% (Forecast 2.5%, Previous 2.7%)
-
US PPI MoM: -0.5% (Forecast 0.2%, Previous -0.4%)
US Core PPI YoY (in April): 3.1% (Forecast 3.1%, Previous 3.3%)
-
US Core PPI MoM: -0.4% (Forecast 0.3%, Previous -0.1%)
US Retail Sales MoM: 0.1% (Forecast 0%, Previous 1.4%)
-
US Core Retail Sales MoM: 0.1% (Forecast 0.3%, Previous 0.5%)
US Initial Jobless Claims: 229k (Forecast 227.5k, Previous 228k)
-
US Continued Jobless Claims: 1.88M (Forecast 1.89M, Previous 1.879M)
Today, PPI data point to lower US producer prices and support the expectations that US trade war will rather affect domestic demand than inflation. EURUSD gains in first reaction to PPI data.
Daily summary: indexes edge lower into the close, gold tests $4,300 💰
Breaking: crude oil inventories above expectations 📌
Fed officials favor continued monetary easing 🔎
BREAKING: NATGAS declines after EIA data 📌
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.
