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: US100 Hits New Highs on Weak NFP 🚨
Oil down nearly 5% following the announcement that European diesel reserves will be released💡
BREAKING: US NFP data surprises to the downside; USD dips🔥
🟡Gold takes a breath, because of oil, not NFP