🚨 BREAKING: PPI HITS TODAY. THE LAST INFLATION TEST BEFORE THE FED DECIDES.
US Producer Price Index (PPI) at 13:30 UTC (8:30 AM ET).
Expected: 0.4% MoM
IF PPI > 0.4% → MARKET DUMPS
IF PPI = 0.4% → NOTHING CHANGES NEAR-TERM
IF PPI < 0.4% → MARKET PUMPS

Core PPI comes out at the same time. Expected: 0.3% MoM.

A December hike is now priced at 100%. A 25 bps hike is at 87.4%, and a 50 bps hike has already jumped to 12.6%. Another hot inflation number can push that even higher.

Over 12 years in these markets.
Do not miss the next big move.
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