TODAY could get wild for markets. 🇺🇸
US PPI inflation data and jobless claims drop at 8:30 AM ET.
Yesterday’s cooler CPI gave markets some much-needed relief. Inflation came in softer, and fears of another Fed rate hike eased.
Now the focus shifts to today’s numbers.
If PPI also comes in cooler and jobless claims show a weaker labor market, traders could see even less reason for the Fed to raise rates. That could bring another wave of relief across markets.
But there’s another side.
If PPI runs hotter than expected while jobless claims point to a strong labor market, yesterday’s optimism could disappear quickly. Rate fears could come straight back into focus.
Two major reports. One release time. A market already on edge.
8:30 AM ET could set the tone for the entire session.
Brace for volatility. 👀📊
US PPI inflation data and jobless claims drop at 8:30 AM ET.
Yesterday’s cooler CPI gave markets some much-needed relief. Inflation came in softer, and fears of another Fed rate hike eased.
Now the focus shifts to today’s numbers.
If PPI also comes in cooler and jobless claims show a weaker labor market, traders could see even less reason for the Fed to raise rates. That could bring another wave of relief across markets.
But there’s another side.
If PPI runs hotter than expected while jobless claims point to a strong labor market, yesterday’s optimism could disappear quickly. Rate fears could come straight back into focus.
Two major reports. One release time. A market already on edge.
8:30 AM ET could set the tone for the entire session.
Brace for volatility. 👀📊