Markets US producer price inflation rose by 0.1% M/M in July for the headline number and stabilized for the gauge excluding food and energy. Both were below consensus (+0.2% M/M), resulting in sharper-than-expected drops in the Y/Y-figures. Headline PPI printed at 2.2% from 2.7% and core PPI at 2.4% from 3%. Details showed a discrepancy […]
The post Sunset Market Commentary appeared first on Action Forex.
Comments are closed.