AUD/USD recovers some lost ground above 0.6300 ahead of Australian PPI data

Share: AUD/USD recovers its recent losses on the softer USD.  The preliminary US Q3 GDP rose 4.9%, Continuing claims rose to the highest reading since May.  The markets anticipate the potential additional rate hike from the RBA at the November meeting.  Investors will focus on Australian PPI, and US monthly core Personal Consumption

Dollar flat ahead of release of Fed minutes, PPI data By Investing.com

© Reuters Investing.com – The U.S. dollar traded largely unchanged in early European hours Wednesday, adopting something of a holding pattern ahead of the release of key inflation data as well as the minutes from the last Federal Reserve meeting. At 03:20 ET (07:20 GMT), the Dollar Index, which tracks the greenback against a basket

US annual PPI rises 2.2% in September vs. 1.6% expected

Share: Producer inflation in the US accelerated in September.  US Dollar Index stays below 106.00 after the PPI data. The Producer Price Index (PPI) for final demand in the US rose 2.2% on a yearly basis in September, up from the 2% increase recorded in August, the data published by the US Bureau

US PPI & Retail Sales Could Push Gold to $1900

GOLD OUTLOOK & ANALYSIS US inflationary pressures keep gold price subdued. Spotlight on US PPI, jobless claims and retail sales. Gold bears seek out $1900 support handle. Recommended by Warren Venketas Get Your Free Gold Forecast XAU/USD FUNDAMENTAL BACKDROP Gold prices remain under pressure this Thursday after yesterday’s US CPI report showed elevated headline inflation

China August inflation: CPI 0.1% y/y (vs. expected 0.2%) & PPI -3.0% y/y (expected -3.0%)

China’s consumer-price index and producer-price index from the National Bureau of Statistics. higher services prices (prices of air tickets, tourism and accommodation rose over the summer holiday season) dragged CPI up from its negative return in the previous month neverthelss CPI came in lower than the surveyed consensus of expectations from economists food prices fell

US PPI is coming up next

Happy Friday. The July producer price index is due at the bottom of the hour and might be a minor market mover. The consensus is +0.7% y/y on the headline and +2.3% y/y on core. At 10 am ET, the August US consumer sentiment report from the University of Michigan is due out. I have

US July PPI +0.8% y/y vs +0.7% expected

US PPI y/y Prior was +0.1% y/y (revised to +0.2%) PPI final demand m/m +% vs +0.2% y/y expected Prior was +0.1% m/m (revised to 0.0%) Ex food and energy: +2.4% y/y vs +2.3% expected (prior +2.4%) +0.3% m/m vs +0.2% expected (prior +0.1% revised to -0.1%) Goods ex food and energy 0.0% m/m More