The U.S. PPI Exceeds Market Expectations
Hello everyone! Today i want to share some macro analysis with you!
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The U.S. PPI for September came in at 6.3% year-over-year, the highest level since May 2026 and higher than the market forecast of 5.3%. The U.S. PPI for September rose 1.3% month-over-month, significantly higher than the market’s forecast of 0.5%. U.S. retail sales for September rose 0.8% month-over-month, exceeding market expectations.
Following the release of the data, gold fell sharply, hitting a low near 4,130.7, and the sell order successfully reached the predetermined take-profit (TP) level! $XAU/USD(XAUUSD.FOREX)$$Gold - main 2612(GCmain)$
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