Germany January PPI -0.1% vs +0.6% m/m expected. In y/y terms 0.5% (1.2% expected,0.8% previous).
Soft data for the euro, which indicates that the manufacturing part of the German economy is struggling with demand problems. The market reaction itself is, however, negligible.
Source: xStation
Daily summary: Dollar rout after NFP, Gold back on the rise
The dollar sinks after labor market data💲📉
NFP much below expectations! 🚨EURUSD spikes 📈
Dollar and Nasdaq facing a key test