Fed PPI Data Alert

Today's 8:30 AM ET release of the Producer Price Index could set the tone for market direction. Here's what traders should watch:

If PPI comes in below 0.3%, expect a strong bullish push across risk assets—crypto included. Markets love softer inflation signals. A reading between 0.3% and 0.4% suggests the data is already baked into current valuations, so limited surprise moves. Anything above 0.4% flips the script to bearish territory, potentially triggering sell-offs as it signals persistent inflation pressure.

The catch? Expect elevated volatility around the announcement either way. Major economic data releases typically shake up trading volumes and price action, so position accordingly. Whether you're trading spot or derivatives, the next few hours will be critical.