๐จ BREAKING: ๐บ๐ธ The US PPI (Producer Price Index) has come in at 3.3%, surpassing expectations, signaling ongoing inflation pressures.
๐ The markets immediately reacted with a sharp pullback across stocks and crypto, as traders worry the Fed may maintain higher interest rates for an extended period.
๐ฅ Volatility is on the rise, and we could see quick swings and liquidity grabs before the market settles into a clear direction.
What is PPI? It tracks the average price change that producers receive for goods/services โ a higher PPI often signals potential inflation risks ahead.
๐ Keep an eye on this! These dips might present a golden opportunity to pick up gold at a lower price.