Emre Yumlu 
Today, markets are focused on two critical economic indicators from the United States. At 12:30 GMT, the Producer Price Index (PPI) and initial jobless claims will be released, both of which could cause fluctuations in the dollar index, gold, and cryptocurrency markets.
What Is the U.S. PPI and Why Is It Important?
The U.S. Producer Price Index (PPI) measures price changes at the producer level and is considered a leading indicator of inflation. Today’s data is expected as follows:
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Expectation: +0.2%
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Previous: -0.5%
Last month’s negative PPI reading indicated easing price pressures. If today’s figure also comes in below expectations (or is negative again), it may strengthen the perception that the Fed could be more inclined to cut interest rates. In that case:
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The dollar may weaken
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Gold and risk assets like Bitcoin could gain value
On the other hand, a figure above expectations would indicate persistent inflationary pressures and could reinforce a hawkish monetary policy outlook.
What Do Jobless Claims Indicate?
Another key figure to be released at the same time is initial jobless claims. The expectations are:
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Expectation: 242,000
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Previous: 247,000
A decline in jobless claims indicates a strong labor market. This suggests that the U.S. economy remains resilient and the Fed may not feel rushed to cut rates.
However, if the data exceeds expectations (meaning more people file for unemployment benefits), it could signal weakness in the labor market and may lead to short-term selling pressure in the markets.
This content does not constitute investment advice. Markets involve high risk, and it is important to do your own research before making any investment decisions.
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