📈 Market in Focus: Core PPI m/m and PPI m/m Data Release Awaited 🕒
🕣 Time: 08:30 NY Time
📰 Event: Core PPI m/m and PPI m/m Release
Today, all eyes are on the imminent release of Core PPI m/m and PPI m/m data, offering insight into changes in the price of finished goods and services sold by producers, with the exclusion of food and energy.
Currently, we find ourselves at premium price levels on NAS100USD, having mitigated into a significant H4 Inducement Order Block. This situation suggests a potential sellside draw towards discount H4 Sell Stops. Stay tuned for further developments.
Kind Regards,
The_Architect