01:30 PM BST, United States - Inflation Data for July:
- Core PPI: actual 2.4% YoY; forecast 2.7% YoY; previous 3.0% YoY;
- Core PPI: actual 0.0% MoM; forecast 0.2% MoM; previous 0.3% MoM;
- PPI: actual 0.1% MoM; forecast 0.2% MoM; previous 0.2% MoM;
- PPI: actual 2.2% YoY; forecast 2.3% YoY; previous 2.7% YoY;
- PPI ex. Food/Energy/Transport: actual 3.3% YoY; previous 3.2% YoY;
- PPI ex. Food/Energy/Transport: actual 0.3% MoM; previous 0.1% MoM;
āđāļĢāļīāđāļĄāđāļāļĢāļāļāļąāļāļāļĩāļ§āļąāļāļāļĩāđ āļŦāļĢāļ·āļ āļĨāļāļāđāļāđāļāļąāļāļāļĩāļāļāļĨāļāļāđāļāļāđāļĢāđāļāļ§āļēāļĄāđāļŠāļĩāđāļĒāļ
āđāļāļīāļāļāļąāļāļāļĩ āļĨāļāļāļāļąāļāļāļĩāđāļāđāļĄāđ āļāļēāļ§āļāđāđāļŦāļĨāļāđāļāļāļĄāļ·āļāļāļ·āļ āļāļēāļ§āļāđāđāļŦāļĨāļāđāļāļāļĄāļ·āļāļāļ·āļThe lower data, especially the drop in core PPI is met with optimistic reaction of the markets. After the report release, US dollar depreciates with EURUSD rise, a slight increase of US500, US100 and in the cryptocurrency market.
Source: xStation 5