US PPI reading y/y came in 2,2% vs 1,6% exp and 1,6% previously.
- PPI m/m: 0,5% vs 0,3% exp. and 0,7% previously
US Core PPI reading y/y came in 2,7% vs 2,3% exp. and 2,2% previously
- Core PPI m/m: 0,3% vs 0,2% exp. and 0,2% previously
Bulls are trying to stop the sell-off reaction on US100. Higher PPI may herald higher tomorrow CPI reading which leave Fed interest rate decision in November more uncertain.
Source: xStation5
Economic Calendar - Hawkish Fed, Middle East tensions set the pace for markets (31.08.2026)
Daily summary: Gold retreats 3% as US dollar rebounds after hawkish Warsh speech in Jackson Hole
๐ฉ EURUSD loses 0.3%
๐ฝ Fed chair, Kevin Warsh speech from Jackson Hole