U.S. producer prices
Fresh Information
June 11, 2026
World financial markets were hit by several new developments this Thursday. On balance, equities are up, and 10-year sovereign debt yields are down. But these moves were trimmed after the announced rise in U.S. PPI inflation exceeded expectations. The dollar has not been affected much at all. The latest U.S. military operation against Iran has […] More
Eye-Popping U.S. Producer Price Jump as Strait of Hormuz Stays Closed to Traffic
May 13, 2026
U.S. producer prices in April leaped 1.4% on month the most in 44 months and trippling market expectations. Year-on-year PPI inflation, which had receded from 11.7% at peak in the summer of 2022 to a mere 0.3% in mid-2023 and which began this year at 3.1% in January, increased 1.7 percentage points to a 49-month […] More
Evidence of Rising Inflation but Investors Clinging to Hope that Iran and U.S. Will Strike A Deal
April 14, 2026
President Trump claims that Iranian negotiators want to resume negotiations to end the Middle East war. While not the most reliable source, investors have chosen to give his upbeat pronouncement the benefit of the doubt this Tuesday. The price of oil is lower, and an appetite for riskier assets has improved. The $97.43 price of […] More
Suspense Surrounding Several Issues
August 14, 2025
A number of key questions remain unanswered. What will be the result of tomorrow’s Putin-Trump talks in Alaska regarding the war in Ukraine? Will higher tariffs lead to a one-time price adjustment or an ongoing acceleration of inflation driven by so-called second-order effects? How much will the Federal Reserve cut interest rates in the second […] More
Dollar Slumps to Weakest Level Since Russia Invaded Ukraine in Early 2022
April 11, 2025
The weighted DXY dollar index sank 1.3% overnight, including declines of 1.5% against the Swiss franc, 1.7% versus the euro, 1.3% relative to the yen and 1.4% vis-a-vis New Zealand’s dollar. The greenback’s drop is part of a broader flight from perceived U.S. “safe” U.S. assets like Treasury bonds. The 10-year Treasury yield, even in […] More
Sour Investor Mood Ahead of U.S. PPI Release
March 13, 2025
U.S. equities got only a dead-cat bounce from Wednesday’s slightly better-than-expected consumer price data and are back showing red ahead of producer price figures due shortly. With his assortment of U.S. policy about-faces, President Trump has acquired a Grinch-like aura in the world financial community. At this writing, The dollar is down 0.2% against the […] More
Awaiting Reciprocal Tariff Details and U.S. Producer Price Data
February 13, 2025
America’s second inflation shoe this week, the January PPI report, is due within the half hour. President Trump has also promised an announcement today on “reciprocal tariffs,” conceivably the biggest round of levies thus far, and he will be meeting today with Indian Prime Minister Modi. A phone call earlier this week with Russian President […] More
Equities Up but Dollar Down on Possible Modification of Tariff Plans
January 14, 2025
Bloomberg news is reporting a tactical, but not strategic, rethink by the incoming Trump administration regarding planned tactics. The ultimate goal of very substantial and broadly based tariff increases remains the same. But instead of making the tariff jump in a single front-loaded move, officials are considering to do so at a pace of 2-5% […] More
Dollar Up Against Yen and Canadian Dollar but Flat Relative to Euro and Sterling
October 11, 2024
Yesterday’s U.S. CPI report delivered mixed news, so investors seek further reassurance from today’s producer price inflation due today and projected to dip modestly on both a month-on-month and year-on-year basis. Overnight trading saw the dollar advance 0.4% against the yen, 0.3% versus the Canadian dollar, and 0.2% relative to the Australian dollar, but no […] More
Central Bank Decisions and Price Data
June 13, 2024
The FOMC‘s June interest rate decision, updated forecasts, and press conference yesterday left an impression that was not quite as hawkish as feared. The likelihood of three rate cuts that had been signaled as recently as March is now remote, but the possibility of one cut before yearend is still clearly in play, and even […] More
