🚨 U.S. Data Drop Incoming! 🇺🇸
Core PPI (MoM) Prev: 0.0% | Est: 0.2%
Initial Jobless Claims Prev: 226K | Est: 228K
Market read:
Low PPI + Higher Claims → Inflation cooling, labor softening → Bullish (rate cut odds ↑)
High PPI + Lower Claims → Inflation heating, jobs strong → Bearish (rate cut odds ↓)
Expect volatility traders, buckle up!