US PPI causes volatility

Source: Dukascopy Bank SA


The publication of the US Producer Price Index has caused a minor increase in volatility. In general, the PPI showed a reading of 0.00% instead of 0.1%, which caused a minor dip of the US Dollar.

In the meantime, the US Core Producer Price Index hit the market forecast reading of an increase of 0.2%.
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Wed, 16 Oct 2024 13:41:15 GMT

UK inflation is lower than expected

On Wednesday morning, at 06:00 GMT, the UK CPI was published. In general, inflation in the UK is a lot lower than expected. Monthly inflation measured year-on-year is just 1.7% instead of the expected 1.9%. Moreover, it is a decline from 2.2% in the prior month.

Thu, 10 Oct 2024 12:38:02 GMT

US inflation is above expectations

The monthly US Consumer Price Index data has revealed that inflation in the USA is higher than expected. Dollar is trading with increased volatility. US CPI grew by 0.2% instead of 0.1%. Core CPI increased 0.3% not 0.2%. Annual inflation is 2.4% instead of expected 2.3%.

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