In less than 2 hours, the release of U.S. PPI (Producer Price Index) and Initial Jobless Claims data at 6:00 PM IST can significantly impact:
Stock indices (S&P 500, Nasdaq, Dow)
USD pairs in forex (EUR/USD, GBP/USD, etc.)
Gold and oil prices
Crypto markets (especially Bitcoin and Ethereum)
Why it matters:
PPI reflects wholesale inflation — higher numbers could reignite rate hike fears.
Jobless Claims show labor market health — a surprise here can shift Fed expectations fast.
Traders: Watch for sharp moves at release time. Consider reducing risk exposure or setting tighter stops.