01:30 PM GMT, United States - Inflation Data for December:
- Core PPI: actual 3.5% YoY; forecast 3.8% YoY; previous 3.5% YoY;
- Core PPI: actual 0.0% MoM; forecast 0.3% MoM; previous 0.2% MoM;
- PPI: actual 0.2% MoM; forecast 0.4% MoM; previous 0.4% MoM;
- PPI: actual 3.3% YoY; forecast 3.5% YoY; previous 3.0% YoY;
- PPI ex. Food/Energy/Transport: actual 0.1% MoM; forecast 0.3% MoM; previous 0.1% MoM;
- PPI ex. Food/Energy/Transport: actual 3.3% YoY; previous 3.5% YoY;
Inflation data comes in significantly below expectations. As a result, we are seeing a market rebound, the dollar is weakening considerably, and riskier assets like stocks and cryptocurrencies are bouncing back. Over the past two weeks, investors have been worried about the return of inflationary pressure. Therefore, today’s lower PPI readings are boosting sentiment, giving investors hope ahead of tomorrow’s CPI release.
Daily Summary: EUR/USD tries to reverse the trend; Wall Street marks its third consecutive week of gains ๐จ
โฌ๏ธThree Markets to Watch Next Week (August 14, 2026)
Market Wrap: European software stocks keep indices near record highs. Dollar gives up this week's gains (14.08.2026)
Chart of the Day ๐ฉ Speculations Around Faster Rate Hikes in Japan โ Could USDJPY Reverse Its Trend?