US PPI Cools — A Potential Relief for Gold & Bitcoin!

The latest US inflation

Core PPI: 0.3% vs 0.3% expected (Previous: 0.7%)

PPI: 0.3% vs 0.4% expected (Previous: 1.4%)

Producer inflation slowed significantly, with headline PPI coming in slightly below expectations.

Despite this mildly dovish signal, recent stronger-than-expected CPI and employment data continue to support a cautious Fed outlook.

My short-term bias:

DXY: Neutral to slightly bearish

Gold: Slightly bullish

Bitcoin: Potential short-term rebound

However, the data are not a major dovish surprise. I'll be watching Treasury yields and DXY for confirmation, especially ahead of a potentially volatile geopolitical weekend

#PPI