Tendances du marché

U.S. July PPI slowed from 5.5% to 4.7% YoY and core PPI from 4.7% to 4.2%, with monthly gains below forecasts. Earlier, CPI eased from 3.5% to 3.4% and core CPI from 2.6% to 2.5%. Cooling inflation plus jobless claims rising to 209,000 reduces the urgency of a September hike. Yet Fed views remain split: Hammack says rates need to rise, while Barkin says many see current rates as restrictive enough. September pricing may keep shifting, moving the dollar, Treasury yields, gold and BTC.