Quick Take Bitcoin touched $25,000, while Gold broke $1,920 US PPI lower than expected across all measures PPI -0.1% M/M, Exp. 0.3% PPI 4.6% Y/Y, Exp. 5.4% PPI Core 0.0% M/M, Exp. 0.4% PPI Core 4.4% Y...
Tag: PPI
PPI February 2023:
Wholesale prices posted an unexpected decline in February, providing some encouraging news on inflation as the Federal Reserve weighs its next move on interest rates. The producer price index fell 0.1...
Is Inflation Now Out Of Control?
UNITED KINGDOM – OCTOBER 17: Upper detail of Phillip’s Economic Computer, the machine conceived by … [+] Bill Phillips (1914-1975), a New Zealand-born engineer turned economist. Phil...
10-Year Treasury Yield Drops In Response To Falling Prices
AFP via Getty Images Key takeaways The latest PPI numbers confirmed that inflation is on a downward trend and that, barring any significant world events that may influence American markets, we might e...
Stocks fall after retail data, PPI, Fedspeak
U.S. stocks slid Wednesday after the government’s monthly retail sales report showed a slowdown in consumer spending activity, while a reading on wholesale inflation showed cooling prices. Wall ...
Shiba inu jumps 15% as ether trades around $1,600 following PPI release
Ether traded above $1,600 for the first time since early November as crypto prices were elevated by lower-than-expected PPI data. Ether was trading at $1,598 by 9:20 a.m. EST, up 1.2% in the pa...
CPI Under 2% In China As Clean Tech & EV Outperform
China Last Night KraneShares Key News Asia equities were largely higher except for Singapore and India’s small pullback in advance of the US’ highly anticipated CPI release. Overnight China’s December...
What Is The Producer Price Index And How Does It Impact Stocks?
| Getty Images Key Takeaways The Producer Price Index measures the cost of goods from the producers’ perspective. Higher PPI numbers signify higher inflation, which could lead to interest rate hikes. ...
BTC price tests $17K on PPI as Bitcoin analysts eye CPI, FOMC catalysts
Bitcoin (BTC) fell on the Dec. 9 Wall Street open as United States economic data appeared to disappoint markets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Attention turns to Bitcoin ...
Should you buy German stocks amid the PPI decline in October?
The COVID-19 pandemic led to an unprecedented response from central banks and governments. To support economies and households, vast sums of money were needed. The fear was that inflation would rise u...
Crypto Surges After Lower PPI, But 2023 Recession Likely
The U.S. Producer Price Index (PPI) rose 0.2% between Sep. and Oct. 2022, beating analysts’ expectations of 0.4%, according to a report released by the U.S. Bureau of Labor Statistics. According to th...
Bitcoin price hits $17K on US PPI as trader warns of ‘final capitulation’
Bitcoin (BTC) spiked to $17,000 at the Nov. 15 Wall Street open as fresh United States economic data continued to show inflation cooling. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “G...
Bitcoin Up, Stocks Jump on PPI Down – Trustnodes
Bitcoin has briefly crossed $17,000 while Nasdaq rose 2.5% as the Producer Price Index (PPI) came much lower than expected. The index for final demand declined to 8% in October, down from 8.5% in Sept...
Real Estate Rebounds On Gov’t Backing As COVID Cases Increase
China Last Night KraneShares Key News Asian equity markets were mixed overnight with Taiwan and South Korea outperforming. Hong Kong and China were off with October’s PPI reported to be -1.3% and risi...
Understanding The Producer Price Index And Consumer Price Index As An Investor
| Getty Images Key Takeaways The PPI measures the change in selling prices received by domestic vendors and represents the cost of producing goods. The CPI measures the change in prices consumers pay ...
CPI, PPI And PCE – What’s The Difference Between U.S. Inflation Measures?
NEW YORK – AUGUST 14: With the focus on inflation, what do the different measures of Consumer Price … [+] Index (CPI) inflation, Producer Price Index (PPI) inflation and Personal Consumpti...
September PPI Report Will Concern The Fed
Jerome Powell, chairman of the US Federal Reserve, takes notes during a Fed Listens event in … [+] Washington, D.C., US, on Friday, Sept. 23, 2022. The recent inflation in the Producer Price Ind...
Crypto Responds Cautiously to Lower U.S. Producer Price Index (PPI) Numbers
Equities and crypto are bouncing as the U.S. Bureau of Labor Statistics released its new PPI report that holds promise for riskier assets. The world’s largest crypto by market cap, bitcoin, is still r...
CPI, PPI, FOMC, And More That Investors Need To Know About
| Getty Images Key Takeaways The determination to raise or lower rates comes from various economic reports, many set to be released this week. The monthly CPI report came in hotter than expected, push...
July PPI Declines As Energy Falls, But Fed’s Inflation Challenge Remains
FILE – The sun sets behind an idle pump jack near Karnes City, USA, April 8, 2020. Oil markets have … [+] been fluctuating over fears of lost supplies from Russia because of the war in Ukr...
Inflation Is a Problem. Today’s PPI Just Confirms It.
Text size Costs for the companies that produce goods have gone up, too. STEFANI REYNOLDS/AFP via Getty Images February’s producer-price index is out, but we didn’t need to wait for it to know that the...
The Fed Will Drive The Economy Into A Ditch If It Is Wrong About Inflation
Shipping containers stacked at the Port of Los Angeles. (Photo by Mario Tama/Getty Images) Getty Images Inflation is hitting very high numbers – CPI, for example, is at its highest level since 1982. B...
Dow falls 400 points as stocks suffer worst drop in a month after PPI data, Fed comments
U.S. stocks suffered their worst drop in a month on Thursday after hotter-than-expected data on wholesale prices and talk of more aggressive interest-rate hikes rattled markets. The S&P 500 SPX, -...