13:30 BST, Canada – July inflation data:
-
Industrial Product Price Index (IPPI): current 2.6% y/y; previous 1.9% y/y
-
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: Wall Street Stabilizes Despite Higher Oil Prices
Cocoa loses 5% amid rising inventories on ICE
Oil gains 3% amid US - Iran escalation and supply disruption on the Black Sea
๐ผ Gold gains 1.7%