US May PPI MoM % 0.5 vs 0.3% expected

US May 2018 PPI data on 13.06.2018

• Prior 0.1%
• PPI YoY 3.1% vs 2.8% exp, prior 2.6%
• PPI ex food& energy MoM 0.3% vs 0.2% exp, prior 0.2%
• PPI ex food& energy YoY 2.4 % vs 2.3% exp, prior 2.3%

A touch higher. Pressure on global prices continues. But this  shouldn’t have a sustainable impact today looking at what’s waiting later on

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K-man

Fundamentalist market maker, turned all round market taker.
Philosophy: “Cycling is good for your health, overtrading is bad”

Read how Koen got into trading here

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