Tuesday, 14 December 2021

US PPI Advances 0.8% to Beat Estimates, Reinforces Widespread Inflationary Pressures

The US Producer Price Index (PPI) increased in November by 0.8% versus an estimated rise of only 0.5% adding to existing inflation concerns

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...