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: Silver plunges 9% ๐จIndices, crypto and precious metals under pressure
US100 loses 1.5% ๐
๐จGold slumps 3% amid markets preparing for Chinese Lunar Year pause
Cocoa falls 2.5% to the lowest level since October 2023 ๐