📊 High-Impact U.S. Data to Watch Today
1. 7:00 PM IST – Main Event (Data Cluster)
Core PPI: 0.2%
PPI: 0.3%
Retail Sales: 0.4%
Core Retail Sales: 0.3%
Retail Control: 0.3% Impact:
Strong Sales + Strong PPI → USD ↑, Gold ↓, USTEC/US30 ↓ (rate cut hopes fade).
Weak Readings → USD ↓, Gold ↑, Indices ↑.
2. 8:30 PM IST – Consumer Confidence
Forecast: 93.5 (Prev: 94.6)
Lower confidence may extend USD weakness after initial reaction.
3. Best Instruments to Trade
FX: EURUSD, GBPUSD, USDJPY
Commodities: XAUUSD (Gold)
Indices: USTEC, US30
✅ Summary
The 7 PM PPI + Retail Sales combo is the key driver — second only to NFP in impact. Expect sharp moves across USD, Gold, and indices. Trade the reaction, not the release.
#US# #Fed# #KeyData#
Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.



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