PPI explodes higher, markets advanced, CPI this week
4/12/2021 10:10:56 AM GMT PPI explodes higher…..will CPI follow? Powell takes to 60 mins and says again – ‘Don’t worry’. Big macro data week and earnings are set to begin on Wednesday. Global markets all lower as consolidation begins. Try the Spaghetti al’ Tonno. Friday 8:30 am……the gov’t was expected to announce the PPI report……and then nothing…….no announcement…. the screen was blank….…. the gov’t had a ‘tech failure’ that prevented the data from hitting the tape…. leaving investors, and markets to wonder what had happened…. the news finally hitting...
Source: fxstreet.com