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🚨 Latest market news!

Wilson
Wilson
06-14

Producer prices bring good news; inflation is expected to continue easing. 📊

📰 The latest data from the U.S. Bureau of Labor Statistics (BLS) shows that the Producer Price Index (PPI) increased by 2.2% year-over-year in May, which is below market expectations. Observing the monthly change, the PPI declined by 0.2%.

💬 The core PPI (excluding the highly volatile food and energy categories) grew by 2.3% year-over-year in May, slightly below market estimates. The Dollar Index, after falling 0.5%, slightly rebounded to 104.85 on Thursday.

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#Inflation #MarketNews #PPI #UltimaMarkets #Trading #USEconomy #DollarIndex #ForexTrading

Risk Warning and Disclaimer

The market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.

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Investing refers to the act of allocating funds or other resources into certain assets or projects with the expectation of obtaining future returns or benefits. The primary aim of investing is usually to enhance asset value, achieve financial goals, preserve and grow value, or accomplish a specific objective.

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