受服务成本飙升推动，美国7月PPI环比加速上升，创下三年来最大涨幅。 美国劳工统计局周四公布数据显示： 美国7月PPI同比涨幅从前月的2.3%飙升至3.3%，为今年2月以来最高水平，并且远超预期的2.5%，美国7月PPI环比0.9%，为2022年6月以来最大涨幅，预期 0.2%，前值 0%。 7月核心PPI同比3.7%为2月以来最高水平，预期3%，前值 2.6%，核心PPI环比0.9%为2022年4月以来最大涨幅，预期0.2%，前值0%。 数据公布后，美股三大股指期货快速走低，纳指期货日内跌0.36%，标普500指数期货跌0.35%，道指期货跌0.29%。美元指数短线拉升，日内涨0.21%。现货 黄金小幅走低，日内跌0.32%。 PPI部分类别对于美联储青睐的PCE物价指数计算很重要： 航空客运服务量在6月份下降2.3%之后，7 月份又环比增长 1%。 投资组合管理成本继6月份环比上涨 2.1% 之后，7月份又环比上涨5.8%。 家庭保健和临终关怀继6月份环比增长0.2%之后，又放缓至环比增长0.1%。 医院门诊量环比下降0.5%，6月份环比增长0.9%。 此外，追随油价的上涨，PPI能源价格正在加速上涨。 ...

PPI came in VERY hot.Essentially meaning Inflation is rather high.This does not bode well for rate cuts happening.However, the FedWatch is still anticipating a rate cut in september at 94.5% chanceOctober, currently pricing in a 59% chance at a SECOND rate cut, 39% chance at it staying flat after September cut&& what is even WILDER is December is a 47.8% chance at a THIRD rate cut, with a 42.9% chance that it stays flat after a SECOND rate cut in October... ...

JUST IN: 🇺🇸 U.S. PPI Inflation comes in higher than expected. 😬Actual: 3.7%Estimated: 2.9% ...

Core Insights - The Producer Price Index (PPI) for July increased significantly, with a year-over-year rise from 2.3% to 3.3%, marking the highest level since February and exceeding expectations of 2.5% [1] - Core PPI also saw a notable increase, rising to 3.7% year-over-year, the highest since February, against an expectation of 3% and a previous value of 2.6% [2] - The increase in service costs reached its highest level in three years, with a 1.1% rise, driven by a 2% increase in wholesale and retail profit margins [4] Market Reactions - Following the PPI data release, U.S. stock index futures declined, with the Nasdaq futures down 0.36%, S&P 500 futures down 0.35%, and Dow futures down 0.29% [3] - The U.S. dollar index saw a short-term increase of 0.21%, while spot gold prices fell by 0.32% [3] - Traders reduced bets on the Federal Reserve lowering interest rates in September due to the inflation data [3] Economic Implications - The PPI components are crucial for calculating the Personal Consumption Expenditures (PCE) price index favored by the Federal Reserve, with energy prices accelerating due to rising oil prices [6] - Despite a softening demand in the first half of the year, businesses are adjusting pricing strategies to offset higher U.S. tariffs, which will be a key factor in determining the interest rate path [8] - Federal Reserve officials expect that import tariffs will increase inflation in the second half of the year, but there is disagreement on whether this impact will be temporary or more persistent [8]

LATEST: 🇺🇸 US PPI climbs to 3.3%, topping forecasts. ...

This was meant as a joke 😭😭😭😭Scary PPI numbers tho ...

每经AI快讯，8月14日，美国7月PPI环比上涨0.9%，预估为0.2%，前值为0%。美国7月PPI同比上涨 3.3%，预估为2.5%，前值为2.3%。 ...

U.S. July PPI annual rate was 3.3%, exceeding expectations of 2.5%, with the previous value revised from 2.3% to 2.4%. This significantly surpassed the market's expected 2.5%, marking the highest level since February. The U.S. July PPI monthly rate was 0.9%, the largest increase since June 2022. ...

🚨BREAKING🚨🇺🇸 U.S PPI CAME IN AT 3.3%EXPECTATIONS: 2.5% ...

Interest Rate Outlook - The market initially anticipated three Federal Reserve rate cuts at the beginning of the year, but expectations have been adjusted downwards to potentially just one cut [3] - The CME FedWatch Tool indicates a 96% probability of a 25 basis point rate cut and a 4% probability of a 50 basis point cut [2] - Inflation data, including CPI and PPI, suggests persistent inflationary pressures, potentially hindering the Federal Reserve's ability to implement rate cuts [4] - The Federal Reserve's data-driven approach implies that unfavorable data could further delay anticipated rate cuts [6] Market Sentiment and Risk - The market exhibits signs of frothiness, evidenced by bullish IPOs, record highs in Bitcoin, and upside movements in Ether [7][8] - Market broadening could be a positive sign, as returns have been concentrated in a small segment of the market, making it fragile [9] - Market momentum and sentiment are vulnerable to sudden shifts, and a catalyst could trigger a downturn [10] - Confidence in data, policy, and the functioning of markets is crucial for sustaining market sentiment [12][13] Geopolitical Considerations - While the Russian economy may not directly impact the US economy, a meeting between the US President and the Russian President could influence market sentiment [10][11]