Economic release
Producer Price Index ex Food & Energy (MoM): 0.70%
Actual0.70%
Forecast0.30%
Previous0.20%
Surprise
+3.64σ
VerdictABOVE FORECAST
ReadBonds BEARISH · Equities BEARISH
Producer Price Index ex Food & Energy (MoM): Actual 0.70%, forecast 0.30%, prev 0.20%. Surprise: ABOVE FORECAST by 3.6 sigma. Desk read: Bonds BEARISH · Equities BEARISH.