🇺🇸 US Macroeconomic Data Released
▪️Number of Initial Jobless Claims
Fact: 224K
Forecast: 225K
Prev.: 227K
▪️Producer Price Index (PPI) (MoM) (July)
Fact: 0.9%
Forecast: 0.2%
Prev.: 0.0%
PPI has risen sharply, indicating that inflationary pressure on producers is increasing. This may increase pressure on the Fed to raise rates, which is why the sentiment is negative.
$TRUMP $SOL $USDC
▪️Number of Initial Jobless Claims
Fact: 224K
Forecast: 225K
Prev.: 227K
▪️Producer Price Index (PPI) (MoM) (July)
Fact: 0.9%
Forecast: 0.2%
Prev.: 0.0%
PPI has risen sharply, indicating that inflationary pressure on producers is increasing. This may increase pressure on the Fed to raise rates, which is why the sentiment is negative.
$TRUMP $SOL $USDC
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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