US Monthly PPI will be announced on Friday at 15:30 MT time.
The greenback may rise on the release
Information is not investment advice
The level of monthly PPI for the US will be out on April 11 at 15:30 MT time.
The indicator represents the change in the price of finished goods and services sold by producers. Last time the indicator came out lower, than analysts’ expectations. The actual figures disappointed the market and weakened the USD. Let’s see if it can support the greenback this time.
• If PPI is higher than expected, the USD will rise.
• If PPI is lower than expected, the USD will fall.
All the interesting market movements are here!
Australian Private Capital Expenditure will be out on Thursday at 2:30 MT time!
Oil jumped to March high, stocks are heading to record highs, while the US dollar is on the back foot.