The Bureau of Labor Statistics released US PPI data that came out lower-than-expected of 0.1% compare to forecasted 0.2%. Note, the US Core PPI was released at the same time with the US PPI.
"The Producer Price Index for final demand edged up 0.1 percent in February, seasonally adjusted," the U.S. Bureau of Labor Statistics announced today and added: "Final demand prices fell 0.1 percent in both January and December. On an unadjusted basis, the final demand index moved up 1.9 percent for the 12 months ended in February."
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| Historical Data Table: PPI m/m | Economic Calendar for 19.03.2019 | ||||||||
| Date | 10.10.2018 | 09.11.2018 | 11.12.18 | 15.01.19 | 13.03.19 | 9:30 AM | UK Average Earnings Index 3m/y | ||
| Actual | 0.20% | 0.60% | 0.10% | -0.20% | 0.10% | 12:30 PM | US Building Permits | ||
| Forecast | 0.20% | 0.20% | 0.00% | 0.10% | 0.20% | 21:45 PM | NZD Current Account | ||
| Initial Reaction on Main Pairs | Open Position Proportions on 14.03.2019 | ||||||||
| Open Price | Close Price | % Change | Longs | Shorts | |||||
| AUD/USD | 0.70647 | 0.70643 | -0.01% | AUD/USD | 74.70% | 25.30% | |||
| EUR/USD | 1.1299 | 1.12991 | 0.00% | EUR/USD | 28.25% | 71.75% | |||
| USD/JPY | 111.37 | 111.39 | 0.02% | USD/JPY | 39.34% | 60.66% | |||
| NZD/USD | 0.684 | 0.68396 | -0.01% | NZD/USD | 41.80% | 58.20% | |||