US November PPI data on 11.12.2018

  • Prior 0.6%
  • PPI y/y 2.5% vs 2.5% exp, prior 2.9%
  • PPI ex food/energy m/m 0.3% vs 0.1% exp, prior 0.5%
  • PPI ex food/ energy y/y 2.7% vs 2.5% exp; prior 2.6%

Smalls higher than expected on the core but nothing to unsettle this market. USD stable

K-man
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