The arket in an awkward psychological zone not too hot not too cold and this is the first print since 10 September which means traders will treat it as a fresh signal rather than part of a trend
If the number lands above expectations markets will likely reprice the soft landing narrative and push yields higher If it comes in softer risk assets get breathing room
Either way this print is not just about inflation its about how much conviction the market still has in the path forward.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
REMINDER 🚨
US PPI and Core PPI drop today at 8:30am ET
- PPI expectations at 2.7 percent
- Core PPI also sitting at 2.7 percent
The arket in an awkward psychological zone not too hot not too cold and this is the first print since 10 September which means traders will treat it as a fresh signal rather than part of a trend
If the number lands above expectations markets will likely reprice the soft landing narrative and push yields higher If it comes in softer risk assets get breathing room
Either way this print is not just about inflation its about how much conviction the market still has in the path forward.