US October producer value index +2.four% y/y vs +2.three% anticipated

• Prior was +1.eight%
• PPI ex meals and power three.1% y/y vs +three.zero% anticipated (+1.eight% prior)
• PPI ex meals and power +zero.three% m/m vs +zero.three% anticipated (+zero.three% prior)
• Ex meals, power and commerce three.5% y/y vs +three.2% prior (revised to +three.three%)

USD/JPY was buying and selling at 155.78 forward of the info and has ticked greater afterwards.

This text was written by Adam Button at www.ubaidahsan.com.



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