US PPI for August rose 5.4% year-over-year, above 5.3% consensus, sending futures lower
The US Producer Price Index for August came in at +0.4% month-over-month as expected, with the year-over-year rate at 5.4% versus 5.3% expected. Equity futures fell after the release, with the 10-year Treasury yield approaching 5%.
Detected & updated continuously · Source: Nebula
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@StealthQE4
Breaking: PPI: +.4% as expected. Yoy +5.4% vs +5.3% expectations This was before the recent oil push higher. Futures are plunging.
@StealthQE4
The bond market is pissed! DC isn’t listening to them. They won’t be ignored. We’re closing in on 5% on the 10 year. PPI in an hour and CPI tomorrow. https://t.co/I4txZtDCLI
@uthman_adeniji
81% chance this prints hot. Oil over $100 + 10Y at 4.85% already has the market on edge. If PPI comes in above 5.1% YoY, yields rip and tech gets hit again. If it cools, bulls get a window before CPI tomorrow.
@TRanjanofficial
🇺🇸 US PPI is coming today at 6 PM IST. Forecast: 5.3% vs 4.7% previous. And tomorrow, we get CPI. PPI could give the market an early signal before tomorrow’s bigger inflation print. Hot or cool? https://t.co/GJ6CiinHyM
@coinbureau
🚨MACRO: Today’s PPI and Friday’s CPI are key inflation tests before the Fed’s September 15–16 meeting. PPI offers an early look at price pressures facing producers, while CPI shows what consumers are paying. CPI follows Friday, giving policymakers another crucial reading https://t.co/AAddeCVnfC
@Psibirskiy
10yr now under 13 points from 5% lets see what the PPI brings in 30 mins https://t.co/uCH0ZE0seS
@EverythingAjay
🇺🇸 US PPI data will be released at 6:00 PM IST right before the US market opens: If PPI < 5.1% → bullish for markets If PPI = 5.3% → markets will stay flat If PPI > 5.5% → bearish for markets https://t.co/c3jSOYRr4u
@ItsOwlPrints
🇺🇸 US PPI data will be released at 8:30 AM ET, right before the US market opens: If PPI < 5.1% → bullish for markets If PPI = 5.3% → markets will stay flat If PPI > 5.5% → bearish for markets