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  • US Treasury yields are little changed as investors await PPI report

    From cnbc.com

    U.S. Treasury yields were little changed on Thursday as investors awaited key data on wholesale prices. At 5:01 a.m. ET, the benchmark 10-year Treasury yield rose less than a basis point to 4.318%. The 2-year Treasury yield was down just over one basis point to 3.982%. One basis point is equal to 0.01%, and yields and prices move in opposite directions. Investors are looking to the producer price index reading for February on Thursday, which measures the cost of producing consumer goods and is a good indicator of inflationary pressures. It will be released by the Bureau of Labor Statistics at 7:30 a.m. ET. The PPI ... (full story)

  • #1
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  • Mar 13, 7:39am (41 hr ago) Mar 13, 7:39am (41 hr ago)
What are we expecting when it comes to this PPI report?! bad or good?
  • #2
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  • Mar 13, 8:18am (40 hr ago) Mar 13, 8:18am (40 hr ago)
  •  Trader#9043
  • | Status: Unregistered Trader
How to Trade Today’s PPI & Jobless Claims Data

Event Time: 12:30 PM (UK Time)
 Market Focus: USD strength/weakness
 Pairs to Watch: EUR/USD, GBP/USD, USD/JPY.


Step 1: Understanding the Data Impact

PPI (Producer Price Index) MoM
* Higher than forecast (above 0.3%) → Inflation is sticky → USD bullish

* Lower than forecast (below 0.3%) → Inflation cooling → USD bearish

Core PPI MoM (Excluding food & energy)
* More relevant for the Fed’s inflation view.

* Above 0.3% → Hawkish (USD bullish)

* Below 0.3% → Dovish (USD bearish)


Initial Jobless Claims
* Higher than 225K → Weak labor market → USD bearish

* Lower than 225K → Strong labor market → USD bullish


Step 2: Pre-News Game Plan
Sell:

If PPI/Core PPI > Forecast & Jobless Claims < 225K
→ USD Strengthens
→ Sell EUR/USD, Buy USD/JPY

* Trade Setup: Wait for H1 BoS (Break of Structure) or a change of character after news release to the downside, then refine entry using M15/M1.


Buy:
If PPI/Core PPI < Forecast & Jobless Claims > 225K → USD Weakens → Buy EUR/USD, Sell USD/JPY

Trade Setup: Wait for H1 BoS (Break of Structure) to the upside, then refine entry using M15/M1.

The news data (PPI & Jobless Claims) will be the catalyst that causes a Break of Structure (BoS) or Change of Character (ChoCH) on the H1 timeframe.

At the moment the daily is bearish due to h1 change of character. Wait for the news to come out. Good luck
  • #3
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  • Mar 13, 5:07pm (31 hr ago) Mar 13, 5:07pm (31 hr ago)
Quoting Trader#9043
How to Trade Today’s PPI & Jobless Claims Data Event Time: 12:30 PM (UK Time)
 Market Focus: USD strength/weakness
 Pairs to Watch: EUR/USD, GBP/USD, USD/JPY. Step 1: Understanding the Data Impact PPI (Producer Price Index) MoM * Higher than forecast (above 0.3%) → Inflation is sticky → USD bullish * Lower than forecast (below 0.3%) → Inflation cooling → USD bearish Core PPI MoM (Excluding food & energy) * More relevant for the Fed’s inflation view....
awesome, thanks for sharing
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  •  Trader#9223
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  • Story Stats
  • Posted: Mar 13, 7:32am (41 hr ago)
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 3  /  Views: 1,903
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