On Wednesday, data on the US Producer Price Index for August is due. In line with market consensus, analysts at Wells Fargo, estimate the index rose 0.1%. Key Quotes: “The PPI index shows few signs of domestic producers taking advantage of any additional pricing power due to tariffs. PPI inflation has eased over the past year, with the headline index slowing to a 1.7% rate. Underscoring that softness, our preferred measure of core PPI inflation, which excludes food, energy and trade services (measured as margins), fell for the first time last month in nearly four years. With the exception of energy, input costs for processed goods and services fell in July and suggest producer price inflation should remain tame in the near term.” “The PPI got a bump in July due to higher energy costs, but lower gas prices suggest only a 0.1% gain in August. That should keep the year-over-year change in producer prices below 2% and signal inflation is still not a threat to the Fed’s easier policy stance of late.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Paxos look like they could be releasing a gold backed coin FX Street 4 years On Wednesday, data on the US Producer Price Index for August is due. In line with market consensus, analysts at Wells Fargo, estimate the index rose 0.1%. Key Quotes: "The PPI index shows few signs of domestic producers taking advantage of any additional pricing power due to tariffs. PPI inflation has eased over the past year, with the headline index slowing to a 1.7% rate. Underscoring that softness, our preferred measure of core PPI inflation, which excludes food, energy and trade services (measured as margins), fell for the first time last month in nearly four years. With the… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
