TODAY: 🇺🇸US PPI and jobless claims drop at 8:30 AM ET.
Yesterday’s cooler CPI gave markets relief.
It also lowered the odds of a rate hike.
Now, cooler inflation & weaker jobs could push those odds even lower.
While hot inflation & stronger jobs could erase that relief.
Brace for volatility.
$ESP $ESPORTS $RE
#USJulyCPI&PPIDueThisWeek
Yesterday’s cooler CPI gave markets relief.
It also lowered the odds of a rate hike.
Now, cooler inflation & weaker jobs could push those odds even lower.
While hot inflation & stronger jobs could erase that relief.
Brace for volatility.
$ESP $ESPORTS $RE
#USJulyCPI&PPIDueThisWeek