15 September 2022
Amid positive sentiment of producer-level deflation, Nasdaq rose 0.7% after falling more than 5% on Tuesday. US MoM Final Demand PPI data for August recorded -0.1% deflation (Vs. Surv. -0.1%; Jul. -0.4%) or continued deflation for the second month in a row, providing slight positive sentiment on Wall Street, after CPI MoM for the same period surprisingly recorded an inflation at +0.1% (Vs. Surv. -0.1%; Jul. +0.0%), amidst falling gasoline and gas prices in August.





