12:31 PM ยท 13 August 2024

BREAKING: Core PPI lower than consensus; EURUSD gains ๐Ÿ“Œ

01:30 PM BST, United States - Inflation Data for July:

  • Core PPI: actual 2.4% YoY; forecast 2.7% YoY; previous 3.0% YoY;
  • Core PPI: actual 0.0% MoM; forecast 0.2% MoM; previous 0.3% MoM;
  • PPI: actual 0.1% MoM; forecast 0.2% MoM; previous 0.2% MoM;
  • PPI: actual 2.2% YoY; forecast 2.3% YoY; previous 2.7% YoY;
  • PPI ex. Food/Energy/Transport: actual 3.3% YoY; previous 3.2% YoY;
  • PPI ex. Food/Energy/Transport: actual 0.3% MoM; previous 0.1% MoM;

The lower data, especially the drop in core PPI is met with optimistic reaction of the markets. After the report release, US dollar depreciates with EURUSD rise, a slight increase of US500, US100 and in the cryptocurrency market.

Source: xStation 5

6 November 2026, 7:12 PM

Daily summary: Wall Street rebounds after the sell-off ๐Ÿ”ผ US dollar strengthens on solid NFP data, oil prices fall

6 November 2026, 1:31 PM

BREAKING: US NFP much stronger than expected ๐Ÿ“ˆ US Dollar and treasuries yields surge

6 November 2026, 12:10 PM

EURUSD loses ground ahead of NFP

5 November 2026, 12:00 PM

BREAKING: BoE raises interest rates by 25pbs to 4%โฐ

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