Read more

BREAKING: EURUSD ticks lower after PPI data from Germany

7:02 AM 21 October 2024

 German PPI (M/M) Sep: -0.5% (est -0.2%; prev 0.2%)
- PPI (Y/Y): -1.4% (est -1.1%; prev -0.8%)

Lower energy prices were the main reason for the year-on-year decline in producer prices also in September 2024, while higher prices had to be paid for capital, consumer and intermediate goods.

The lower-than-expected PPI infusion reduces the chances of a hawkish decision by the ECB, which affects the short-lived weakness of the euro after the data reading.

 

 

 

Share:
Back

Market News

26.06.2025
15:07

BREAKING: US pending home sales stronger than expected

US pending home sales MoM came in 1.8% vs 0.13% exp. and -6.3% previously (Homes Index: 72.6 vs 71.3 previously)

 14:56

Platinum tries to rebound, rising 1.8% after decline 📈 1:1 correction?

Platinum prices declined from $1,415 to $1,374, though the metal is currently attempting a rebound. However, analyzing the chart and the current price...

 14:36

OIL.WTI at session highs after FT reports on Iran's uranium transfer ⛽

Oil rose after the Financial Times reported that early intelligence suggests Iran’s uranium is largely intact and Tehran has been able to move a...
More news

Join over 1 600 000 XTB Group Clients from around the world

Start trading Download the app Download the app
The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits