8:00 - Germany PPI for October:
- YoY: -1.8%, Expected: -1,9%, Previous 1.7%
- MoM: 0.1%, Expected: 0,0%, Previous -0,1%
Improving monthly dynamic shows very minor improvement in business sentiment, that proved to exceed market expectations.
However, still, yearly dynamic is negative and maintains long-term decline trend.
US CPI above expectations!🔥📈
Dollar in Limbo Ahead of CPI 🚨
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