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
BREAKING: PCE Inflation and income raise 📈EURUSD gains 0,2%
📉 EURUSD below 1.135
Chart of the day 🚩 AUDUSD down despite strong Austarlian job market data
Daily Summary- Wall Street Holds Firm While Commodities Plunge on Hawkish Fed