- US PPI inflation headline (for January): Actual: 3.5% expected 3.3% vs. 3.3% previously
- US Core PPI (for January): Actual: 3.6%. Expected 3.3% vs. 3.5% previously (0.3% m/m vs. 0% previously)
- US jobless claims:Actual: 213k. Expected 215.5k vs. 219k previously
More data confirms that there is little problem with inflation in the US, and it will take some time for the Fed to cut interest rates again. US dollar gains in value after the publication of new macro data.
Source: xStation
Daily summary: Nasdaq 100 drops 3%, precious metals and Bitcoin are falling amid US dollar strength
NFP: A turning point for the dollar and the start of a stock market correction?
BREAKING: US Payrolls Skyrocket 🚀 🇺🇸 EURUSD Slumps 0.2% 📉
Economic Calendar: NFP Report from the US Labor Market Takes Center Stage