Producer Inflation Rise Less Than Expected, Jobless Claims Soar: Thursday's Economic Digest
Producer Inflation Rise Less Than Expected, Jobless Claims Soar: Thursday's Economic Digest
Inflation felt by U.S. producers rose less than expected on an annual basis in May, bolstering market optimism for a sustained decrease in price pressures throughout the economy, following a lower-than-anticipated consumer inflation report released on Wednesday.
5月份美國生產者物價指數同比上漲的通脹率低於預期，這支持市場對整個經濟中價格壓力持續下降的樂觀情緒，在週三發佈的消費者通脹報告顯示下降幅度低於預期之後。
Simultaneously, the Labor Department reported on Thursday that weekly jobless claims rose more than anticipated, reaching their highest level since August 2023.
同時，美國勞工部週四報告稱，上週申領失業救濟金人數超過預期，達到2023年8月以來的最高水平。
May Producer Inflation Report: Key Highlights
5月份生產者物價報告：重點亮點
- The Producer Price Index (PPI) for final demand increased by 2.2% year-over-year last month, down from the upwardly revised 2.3% rate recorded in April and below the anticipated 2.5%, according to consensus economic data from Econoday.
- On a monthly basis, the PPI contracted at a 0.2% pace, decelerating from the previous 0.5% and below expectations of a 0.1% increase.
- When excluding food and energy items, the core PPI saw a 2.3% year-over-year increase, down from both the previous and expected 2.4%.
- On a monthly basis, the core PPI stalled, declining from the previous 0.5% and falling short of the predicted 0.3% increase.
- 根據Econoday經濟共識數據，最終需求生產者物價指數（PPI）同比上漲2.2％，略低於4月上修的2.3％，價格預期爲2.5％。
- PPI環比下降0.2％，速率比上月0.5％減緩，預期爲增加0.1％。
- 當排除食品和能源項目時，核心PPI同比上漲2.3％，略低於前值和市場預期的2.4％。
- 環比下降0.5％，速率比前月的0.5％低，預期爲上漲0.3％。
Unemployment Benefits Report
失業福利報告
- The number of people filing for jobless claims in the U.S. increased by 13,000 to 242,000 in the week ending June 8, significantly exceeding market expectations of 225,000 and marking the highest level in eight months.
- The four-week moving average for initial claims, which smooths out week-to-week volatility, increased from 222,250 to 227,000.
- 截至6月8日的那一週，申領失業救濟金的人數增加了13,000人，達到242,000人，大大超出了市場預期的225,000人，創下8個月以來的最高水平。
- 最初索賠的四周移動平均數將周到周波動削平，從222,250人增加到227,000人。
Market Reactions
市場反應
Initial market reactions to Thursday's economic data releases saw the U.S. dollar and Treasury yields falling, reflecting improved investor expectations towards the likelihood for rate cuts.
週四經濟數據公佈後的最初市場反應是，美元和國債收益率下降，反映出投資者對降息可能性的預期改善。
Market participants are factoring in a 65% chance of a rate cut in September and nearly 50 basis points of cuts by year-end, implying almost two fully priced rate cuts.
市場參與者正在計算9月份降息的可能性爲65％，並在年底前預計降息近50個點子，即意味着幾乎有兩次完全定價的降息。
The U.S. dollar index (DXY), as tracked by the Invesco DB USD Index Bullish Fund ETF (NYSE:UUP), erased its earlier session gains.
Invesco DB美元指數看漲基金ETF（紐交所：UUP）追蹤的美元指數（DXY）抹去了早間漲幅。
Futures on major U.S. indices were higher in the premarket trading Thursday. The S&P 500 is up 0.5% while the Nasdaq 100 is 1% higher
週四盤前交易中主要美國指數期貨均上漲。標普500（S＆P 500）上漲0.5％，納斯達克100（Nasdaq 100）上漲1％。
On Wednesday, both indices, as tracked by the SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust (NASDAQ:QQQ), hit new all-time highs, driven by a lower-than-expected inflation report.
週三，由於通脹報告低於預期，紐交所交易所SPDR標準普爾500 ETF信託（紐交所：SPY）和Invesco QQQ信託（納斯達克證券交易所：QQQ）追蹤的兩個指數均創下歷史新高。
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立即閱讀：聯儲局主席鮑威爾平息了市場的興奮情緒：“我們希望在通脹方面獲得進一步的信心”
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圖片來自Shutterstock。
譯文內容由第三人軟體翻譯。