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BREAKING: PPI data
- Core PPI comes in at 0% m/m vs 0.2% forecast - Core PPI comes in at 1.8% y/y vs 2% forecast - Headline PPI comes in at -0.1% m/m vs forecast of 0.1% - Headline PPI comes in at 1% y/y vs 1.3% forecast A colder than expected print across all readings! Source: Bloomberg, Markets & Mayhem
FASTEST easing of Financial Conditions in HISTORY
Source: WinSmart, BofA
Is Taiwan risk the biggest risk for the economy and financial markets in 2024? See below a scary chart by Bloomberg
Source: Bloomberg
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