April PPI numbers came in this morning with Y/Y at 11.0%, higher than the 10.7% expected, but M/M in line with expectations. The participation rate in employment is still the outlier, says Dan Deming. The U.S. Dollar (/DX) is holding strong and Dan says it's astounding how it has held up. He points out that the Japanese yen (/6J) is trading at the highest level in three weeks. Lastly, he and Ben discuss inflation, GDP, and the drop in bitcoin (/BTC).
12 May 2022
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10 Mar 2022
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14 Apr 2022
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12 Apr 2022
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03 Mar 2022
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05 May 2022