🚨 JUST IN:
📊 U.S. PPI (Producer Price Index) for July surged 3.3% YoY 📈 — well above forecasts (~2.5%) and up from 2.4% in June.
⚡ Monthly PPI jumped 0.9%, the biggest spike since May 2022!
💹 Market Reaction:
🔻 Stocks slid
📈 Treasury yields spiked
💵 U.S. dollar strengthened
💬 Traders now fear the Fed may delay rate cuts even further.
⚠️ Volatility Alert:
Expect fast swings, liquidity hunts, and false breakouts before a clear trend emerges.
📌 PPI Explained:
Measures what producers get paid for goods/services — higher PPI often means inflation is heating up and could spill over to consumers.
💡 Opportunity Watch:
If this dip continues, it could be a golden chance (literally 🪙✨) to scoop up gold at attractive prices.
