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PropMarketCapFRESHMacroeconomics and central banks

Producer prices slowed their growth: US inflation at 6.5% year-on-year instead of the expected 6.6%

The US Bureau of Labor Statistics (BLS) published the producer price index (PPI) for October. Annual growth accelerated from 6.3% to 6.5%, but came in slightly below the forecast, while the monthly rate slowed sharply - from 1.3% to 0.3%.

PropMarketCapCurrencies, commodities and indices

Ahead of US inflation data, the gold price fell more than 1%: from $4,148 to $4,075

On Tuesday, gold gave back almost all of the previous day's gains - traders took profits, and a Fed official's comments about a possible rate hike in December added pressure.

PropMarketCapMacroeconomics and central banks

On Tuesday at 16:30 MSK, US inflation: 3.9% expected, chances of a Fed rate hike - 80.5%

This week, three data blocks come out for the US, and both crypto and tech stocks are already sliding ahead of them: consumer inflation on Tuesday, earnings from AI equipment makers on Thursday, and producer prices on Friday. BTC is trading around $74,322, down 1.85% over the day.

PropMarketCapMacroeconomics and central banks

US job openings fell by 256 thousand: JOLTS came in below forecast

In August, the number of job openings in the US declined to 7.079 million versus the expected 7.225-7.230 million. At the same time, hires and layoffs remained nearly unchanged.