US PPI YoY (in March): 2.7% (Forecast 3.3%, Previous 3.2%)
- US PPI MoM: -0.4% (Forecast 0.2%, Previous 0.0%)
US Core PPI YoY (in March): 3.3% (Forecast 3.6%, Previous 3.4%)
- US Core PPI MoM: -0.1% (Forecast 0.3%, Previous -0.1%)
Today, PPI data point to lower US producer prices and support the expectations that US trade war will rather affect domestic demand than inflation. US100 gains in first reaction to PPI data.
Source: xStation5
Daily summary: Silver plunges 9% 🚨Indices, crypto and precious metals under pressure
US100 loses 1.5% 📉
🚨Gold slumps 3% amid markets preparing for Chinese Lunar Year pause
Cocoa falls 2.5% to the lowest level since October 2023 📉