07:30 AM BST, Switzerland - Inflation Data for May:
-
PPI: actual -0.7% YoY; previous -0.5% YoY;
-
PPI: actual -0.5% MoM; forecast 0.1% MoM; previous 0.1% MoM;
The overall decline in key commodity prices—such as petrol, natural gas, and base metals—was the main driver behind the negative reading, with pharmaceuticals being the notable exception. Data adds further support to expectations of a rate cut at Thursday's SNB policy meeting.
Source: xStation5
Daily summary: Wall Street rebounds after the sell-off 🔼 US dollar strengthens on solid NFP data, oil prices fall
3 markets to watch next week: GBPUSD, US500, OIL (06.11.2026)
OIL loses after reaching $100 📉Is Iran reviewing a change to its nuclear program?
🚩 EURUSD loses 0.6%