美国PPI数据低于预期支撑银价

Core Viewpoint - The recent economic data from the U.S. indicates a slowdown in inflation, which may impact the Federal Reserve's interest rate decisions and subsequently affect silver prices. Economic Data Summary - The U.S. Producer Price Index (PPI) for June was below market expectations, with a month-on-month change of 0.0% compared to the expected 0.2% increase, and a year-on-year rate of 2.3%, lower than the anticipated 2.5% and May's 2.6% [3] - The core PPI, excluding volatile food and energy prices, also disappointed, showing a month-on-month change of 0.0% (expected 0.2%) and a year-on-year rate of 2.6%, below the expected 2.7% and May's 3.0% [3] - The Consumer Price Index (CPI) report indicated that overall inflation met expectations, but core inflation was slightly lower than anticipated, contributing to a softened outlook on aggressive interest rate hikes by the Federal Reserve [3] Silver Price Analysis - Silver prices opened at $37.708, reached a daily high of $38.079, and then fell to a low of $37.473 before closing at $37.897, forming a spinning top candlestick pattern [4] - The upward target for silver is to break through $39.11, which could pave the way towards $40.00, with the next resistance at $40.50 [5] - Downward support levels are identified at $37.50 (previous consolidation high), $36.82 (21-day EMA), and $36.00 (channel support) [6]