Core PPI in focus: silver and crypto lead the slide
U.S. Core PPI is due at 12:30 UTC, forecast 0.3% vs 0.2% prior, as silver, platinum and altcoins trade broadly lower across our feed.
U.S. Core PPI is due at 12:30 UTC, forecast 0.3% vs 0.2% prior, as silver, platinum and altcoins trade broadly lower across our feed.
A U.S.-heavy calendar: CPI Wednesday, then PPI and retail sales Thursday, with BOE's Bailey and Fed's Warsh speaking Friday. Times UTC.
Tezos, Chainlink and platinum eased against the dollar after the US PPI and Core PPI data landed at 12:30 UTC. Here's how markets reacted.
Altcoins eased against the dollar after the US PPI and Core PPI reports landed at 12:30 UTC, with UNIUSD leading a modest pullback.
US Core PPI m/m lands at 12:30 UTC on Aug 13, forecast 0.3% vs 0.2% prior. What it measures and how USD-linked instruments are trading now.