German PPI MoM (Jun) M/M -0.3% vs. Exp. -0.2% (Prev. 0.3%)

Newsquawk Staff · 20 Jul 2026, 06:20 UTC

What it means

The weaker-than-expected German PPI MoM at -0.3% suggests potential easing in inflationary pressures, contradicting prior month gains. This could influence ECB policy considerations, signaling a more dovish outlook which might strengthen the EUR against other currencies as market expectations adjust accordingly.

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US Market Open, 23 Oct, 10:15 UTC · what it led with

US President Trump says the US crushed Iran, and may want to do it a "little more".
Crude benchmarks firmer on ongoing tensions in the Middle East; recent bout of strength comes after the Houthis launched another missile towards Saudi interests.

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Headlines that moved markets

Headlines from our feed, and what the market did next.

Australian Employment Change (Jul) -15.8K vs. Exp. 15K (Prev. 76.3K)
AUD/USD−0.3%
Iran and US talks continue, and reports that the deal is close are wrong.
WTI crude+1.5%
Mediation efforts said that "Qatar and Pakistan presented a 'compromise proposal' that meets the demands of both the American and Iranian sides", Al Araby Al Jadeed reports citing sources.
WTI crude−4.6%

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