These are the most important reports you need to pay attention to this week in the stock market.
This Wednesday April 12th, CPI Data Report 1 Hour before market open.
This Thursday April 13th, PPI Data Report 1 Hour before market open.
The CPI (Consumer Price Index) and PPI (Producer Price Index) are two important economic indicators used to track inflation in an economy.
The CPI data report measures the change in the price of a basket of goods and services consumed by households over a certain period of time. It is considered a key indicator of inflation because it reflects the price changes that affect consumers' purchasing power. The CPI data report is released by the Bureau of Labor Statistics (BLS) on a monthly basis and is closely watched by economists, policymakers, and investors.
The PPI data report, on the other hand, measures the change in the price of goods and services produced by businesses in the economy over a certain period of time. It is considered an early indicator of inflation because changes in producer prices can eventually trickle down to consumers. The PPI data report is also released by the BLS on a monthly basis.
Both CPI and PPI data reports can have a significant impact on the stock market. If the CPI data report indicates that inflation is rising, it can cause concern among investors that the Federal Reserve may need to raise interest rates to combat inflation. Higher interest rates can reduce corporate profits and make stocks less attractive, leading to a decline in the stock market. Conversely, if the CPI data report shows that inflation is not rising as much as expected, it can lead to a positive market reaction.
Similarly, the PPI data report can also affect the stock market. If the PPI data report shows that producer prices are rising rapidly, it can indicate that businesses will have to raise prices to maintain their profit margins. This can lead to concerns about inflation and a potential negative impact on the stock market. However, if the PPI data report shows that producer prices are not rising as much as expected, it can lead to a positive market reaction.
Don't Miss Your Chance To Get Entered!
There are only 2 ways to enter:
#1. Enroll in Learn Plan Profit and automatically earn 5,000 entries! $150 OFF Coupon"GTR" already applied, click here: https://bit.ly/3ZxwML4
#2. Buy anything from www.shoptechbuds.com , T-shirts, hoodies, hats, wall-art, or even a sticker will get you entered! $1 spent = 5 entries Remember it only takes 1 entry to get this Nissan GTR in your driveway or $50k in your bank account!
Make sure you connect with us on discord and turn your post notifications on to receive updates about our live streams: https://discord.gg/kwVQtmu