The US producer price index has pleased equities bulls, providing the Nasdaq100 with momentum to rise above 24,000 and update its historical highs. The producer price index fell 0.1% in August, slowing its annual growth rate to 2.6% from 3.1% previously (revised from 3.3%). This is a striking contrast to the average expectations of an […]The post Surprisingly Soft US PPI Has Boosted Optimism on Interest Rates appeared first on Action Forex.