07:30 AM BST, Switzerland - Inflation Data for October:
-
PPI: actual -1.7% YoY; previous -1.8% YoY;
-
PPI: actual -0.3% MoM; forecast -0.1% MoM; previous -0.2% MoM;
Producer inflation data in Switzerland came in noticeably weaker than expected on MoM basis. Although the Swiss franc did not initially react much to the release, over the past hour there has been a significant pullback in the USDCHF pair.
Source: xStation
Cocoa loses 5% amid rising inventories on ICE
Oil gains 3% amid US - Iran escalation and supply disruption on the Black Sea
🔼 Gold gains 1.7%
🛢️Brent Crude Oil Tests $95 per Barrel