13:30 BST, Canada – July inflation data:
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Industrial Product Price Index (IPPI): current 2.6% y/y; previous 1.9% y/y
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Industrial Product Price Index (IPPI): current 0.7% m/m; forecast 0.3% m/m; previous 0.5% m/m
USDCAD briefly dropped below EMA30 on M30 interval, though hawkish undertone of higher than expecteded IPPI quickly brought the price back to today's highs.
Source: xStation5
Daily summary: Risk-off takes over ๐ US stocks plunge, while dollar and oil rebound sharply ๐ธ
Israel ready to strike againโDollar rebounds as war jitters resurface ๐
BREAKING: US PMIs beat estimates ๐ Stocks back in the green
Wheat tries to continue the uptrend despite improving US weather๐What's next?