Key Data Producer Price Index (PPI) Inflation:
-
PPI Inflation (m/m): -0.6% (previously 0.5%)
-
PPI Inflation (y/y): 0.2% (previously 1.6%)
Key Data Consumer Price Index (CPI) Inflation:
- CPI Inflation (m/m): -0.2% (forecast -0.1%; previously 0.1%)
- CPI Inflation (y/y): 1.6% (forecast 1.7%; previously 1.6%)
Daily Summary: Buyers Refuse to Give In
US Natural gas extends declines 🔥📉
US OPEN: The wave of AI concerns is building again, oil returns near highs
Chart of the Day: US100 (Nasdaq 100). Rebound in AI trade vs. weakening technical picture