Market Comment | Risk-off mood slightly eased this week

  US Producer Prices index (PPI) was flat in August, surprising expectations (0.0% MoM; consensus: -0.1% MoM), whereas in YoY terms it dropped less than estimated (-0.8% YoY; consensus: -0.9%). Meanwhile, PPI ex-food and energy rose more than expected (by 0.3% MoM and 0.9% YoY; consensus: 0.1% MoM and 0.7% YoY). On another front, the […]

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