I've caught a nasty bug lately despite my plans to stay healthy this year. Today seems quite eventful in the market. At 15:30, the April US Producer Price Index #PPI will be released, with expectations at 0.3%. If the data comes in below expectations, it could positively impact the market, possibly leading to lower inflation in the next month's Consumer Price Index #CPI release. At 17:00, #Fed Chair #Powell will give a speech. With today's release and tomorrow's US Annual Inflation Rate CPI announcement, expect market volatility. These are the key data points that will determine market direction. Wishing everyone a great day and profitable trades! 💐
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