Author: FX

U.S. producer prices jumped 1.4% in April 2026 — nearly three times the 0.5% forecast — marking the sharpest monthly increase since March 2022. Year-over-year, the Producer Price Index (PPI) hit 6.0%, its highest annual reading since December 2022, driven by surging energy costs and a broad-based spike in services prices. The hotter-than-expected print followed Tuesday’s above-forecast CPI of 3.8%, pushing the odds of a Fed rate hike by end-2026 to roughly 39%. Key Takeaways Headline PPI rose 1.4% MoM in April — the biggest monthly gain since March 2022 and well above the 0.5% forecast Annual PPI hit 6.0%…

Prior month MoM revised to 0.7%.and revise higher to 4.3%Prior month ex food and energy 0.2% MoM and 4.0% YoYPPI MoM 1.4% versus 0.5% estimatePPI YoY 6.0% versus 4.9% estimatePPI ex food and energy MoM 1.0% vs 0.3% estimate.Highest since March of 2022. PPI ex food and energy YoY 5.2% vs 4.3% estimatePPI ex food, energy and trade MM +0.6% vs +0.2% last monthPPI ex food, energy and trade YoY 4.4% vs 3.7% last month Services inflation was up 2.5%The two year yield has moved above the 4% level to 4.010% 1.5 basis points. The 10 year yield is up…

European Central Bank (ECB) official and Finnish Central Bank Governor Olli Rehn said during European trading hours on Wednesday that higher oil prices should not be the only factor to direct monetary policy decisions. Rehn added that the central bank needs to assess the scope of energy shocks.Additional commentsECB needs to assess whether the energy shock spreads to inflation expectations, wages and core inflation.It’s worth preparing for a protracted conflict in the Strait of Hormuz.If events turned out differently, it would be easier to adjust.Key factors are the strength and duration of the energy shock and any broader pass-through into…

When inflation is running hot, and the economy is weakening at the same time, what exactly is the Fed supposed to do about it? Raise interest rates and risk tipping workers into unemployment? Cut rates and risk letting prices spiral completely out of control? If your answer is “neither sounds great,” congratulations! You’ve just discovered why stagflation is the one word central bankers dread more than any other. Tuesday’s April CPI report made it official. Headline inflation climbed to 3.8% year-over-year — the highest since May 2023 — and rose 0.6% just in the month of April. Core inflation, which…

With the Fed frozen by inflation and the BOJ getting serious about rate hikes, USD/JPY is caught in the middle of a policy tug-of-war. Source link

The ADX DMI indicator for MT5 exists to solve exactly that problem. It doesn’t predict where price will go. What it does is tell traders whether a trend is actually in play — and that distinction alone can save a trading account from death by a thousand choppy trades. The ADX DMI indicator MT5 combines two separate but related tools into one, and understanding how each component behaves is what separates traders who use it well from those who don’t. What the ADX DMI Indicator Actually Is ADX stands for Average Directional Index. DMI stands for Directional Movement Index. Both…

CPI +2.2% vs +2.2% y/y prelimPrior +1.7%HICP +2.5% vs +2.5% y/y prelimPrior +2.0%The monthly change itself also shows a 1% increase in headline inflation, leading to the annual estimate to cross back above the 2% mark in April. Of note, energy prices once again picked up in recording a 4.7% increase on the month after jumping up by 8.9% in March. That is largely driven by the prices of petroleum products (diesel, petrol and liquid fuel), which were up by 8.2% in April.As for the headline annual estimate, it is largely tied to the sharp acceleration in prices of energy…

Danske Research Team notes global equities slipped modestly, with the S&P500, Nasdaq and Russell2000 all lower. Semi-conductors in the S&P500 underperformed after a strong prior run, while defensive sectors such as healthcare and staples led gains. Asian equities and US and European futures turned mostly higher, suggesting limited follow-through selling.Global stocks see mild pullback”Global equities ended the day lower by 0.3% yesterday, after being down 1% at the lows.””For once, semi-conductors in the S&P500 were among the weakest performers closing 1.4% lower, after being down about 4.5% earlier in the day.””We will not overdo conclusions on such setback after an…

Oil prices slip on teetering Iran ceasefire as Trump heads to China Source link

The U.S. Consumer Price Index rose 0.6% month over month in April 2026, pushing the annual inflation rate up to 3.8%. That’s the highest reading since May 2023! The annual figure not only topped the 3.7% forecast, but core inflation also beat expectations on both a monthly and annual basis, signaling that price pressures are no longer just an energy story. April marked the second straight month of sharp inflation gains after March’s 0.9% jump, when the first shock from the U.S. and Israel’s war with Iran sent oil prices ripping higher. Recall that Tehran’s shutdown of the Strait of…