#Macro Playbook: US PPI π
US PPI numbers hit the tape today at 12:30 PM GMT, right before the New York open. This is a major volatility catalyst that will set the tone for the session.
Here are the structural triggers we are watching:
πΉ < 5.1% (Cooling): Highly bullish. Expect an immediate risk-on expansion.
πΉ 5.3% (In-line): Neutral. The market will likely stay flat as the tape digests the data.
πΉ > 5.5% (Hot): Bearish. Expect a macro sell-off and rotation out of risk assets.
Let the initial high-frequency volatility clear out. Don't front-run the data; we wait for the dust to settle and trade the actual reaction.
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