šØ PPI Incoming: Another Volatility Bomb? šØ
CPI shook the marketsānow itās time for PPI to take the stage.
š Key Data Drops in 2 Hours:
š¹ Initial Jobless Claims ā Slight dip to 221K (vs. 225K expected)
š¹ PPI (Producer Price Index) MoM ā Hotter than expected at 0.4% (vs. 0.3%)
š¹ Core PPI (ex-food & energy) MoM ā Holding steady at 0.3%
š¹ PPI YoY ā 3.5%
š¹ Core PPI YoY ā 3.4%
š„ Why It Matters?
PPI is a leading indicator of inflation. A hotter-than-expected print means higher costs at the producer levelāpotentially fueling further Fed hawkishness.
š° Crypto & Stocks Reacting Next
If markets didnāt like the CPI numbers, how will they handle this? Expect volatilityāsharp moves in BTC, NASDAQ, and gold.
š Are you buying the dip or waiting for the Fed to make its next move? Drop your game plan below! ā¬ļø