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Breaking: US Bureau of Labor Statistics just dropped a bombshell – they're skipping the October PPI data release entirely. No explanation given yet.
For those tracking macro indicators, this is unusual. PPI (Producer Price Index) measures wholesale inflation and typically moves markets when it drops. The sudden silence? That's raising eyebrows across trading desks.
Could be a data collection issue, could be a revision situation. Either way, traders relying on this number for their next moves are now flying blind. The October print was supposed to give us fresh clues on inflation trends heading into year-end.
Markets hate uncertainty, and missing scheduled economic data definitely qualifies. Worth watching how risk assets – crypto included – react to this information vacuum.