07:00 AM BST, Germany - Inflation Data for April:
- German PPI: actual 0.2% MoM; forecast 0.3% MoM; previous 0.2% MoM;
- German PPI: actual -3.3% YoY; forecast -3.2% YoY; previous -2.9% YoY;
PPI inflation comes in slightly below expectations, but the report does not cause much change in the market. On the EURUSD, we do not observe any noticeable reaction after the publication.
Daily summary: Precious metals euphoria continues unabated 📈
BREAKING: China issues implementation rules on port fees on US ships
France on the Brink
Economic calendar: light agenda kicking off an interesting week 📌