
π¨ #Bitcoin & $XRP Slide as US PPI Hits 6.3%
U.S. September #PPI inflation surged to 6.3% year-over-year, above the 5.4% forecast, sending Bitcoin down over 3.6% and $XRP over 5% as markets await #Fed Chair Kevin Warshβs remarks.
π Full story: coingape.com/bitcoin-xrp-...
Amerikaanse producentenprijzen stijgen het sterkst in 4,5 jaar #AmerikaanseEconomie #Inflatie #Producentenprijzen #PPI #Energiekosten
US 10-year yield is down at 5.06% rather than trading higher. More to follow. #economy #markets #inflation #cpi #ppi
Source: @elerianm on X
Original Post:
https://x.com/elerianm/status/2110731387758121456
... at 5.0% versus the 4.4% consensus expectation.
The Twist: Despite these hot numbers, the US 10-year yield is down at 5.06% rather than trading higher. More to follow.
#economy #markets #inflation #cpi #ppi
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2 BMO: From a year ago, #PPI prices were up a sizzling 6.3% on the headline number and 5.0% on the core.
#inflation #USEconomy
RBADVISERS: β.. Core Final Demand #PPI pierces 5% a level never seen in its history outside of the immediate post-pandemic period. New inflation paradigm? We think so.β
β.. it wasn't just oil β without Energy's contribution, the m/m rate would have still been over 0.6%.β
- SoFi #PPI
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#PPI (via Schwab)
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US PPI & Retail Sales data due tonight @ 8:30 PM Beijing time. Key indicators for inflation & consumer spending. Markets watching closely for economic health insights. #USEconomy #PPI #RetailSales
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#DOW H4: lots of scheduled news today, with #PPI the main event. CPI gave us that monster UR β it looks like it might just be a bear squash though, with SR piv holding for support (along with FE62 & 51.5k). Interesting: we should follow the money but something fishy here. Letβs see what PPI brings.
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