US PPI (Mar) due Apr 14 and China Q1 GDP due Apr 16; consensus sees ~+0.3% MoM PPI and ~+4.8% YoY China GDP — the week raises odds of cross-asset volatility.

Explore the impact of the recent PPI data on the FX market as it triggers a dollar downturn. Understand how this shapes global currency dynamics today.

Bitcoin (BTC) saw three-week highs on Wednesday as US inflation data beat expectations for a second day.Key points:Bitcoin gains after “much better-than-expected” US PPIData from TradingView showed BITSTAMP:BTCUSD reaching $65,500 for the first time since June 22.BITSTAMP:BTCUSD 12-hour chart. Sour…

The NZDUSD has dropped to a new low for the day and the trading week following the better-than-expected PPI data. The decline pushed the pair below: * 100-day moving average at 0.5969 * 100-bar moving average (4-hour chart) at 0.5952 * Weekly low at 0.5912 The session low has now reached 0.59075. Downside targets include: * 0.59039 — low from July 17 * 0.5882 — swing lows from June 23 and August 5 * 0.58769 — 38.2% retracement of the April rally * 0.5845–0.5860 — key swing area On the upside, buyers would need a recovery above 0.5937 and the 100-bar MA at 0.59524 to regain momentum. Until then, sellers remain firmly in control. This article was written by Greg Michalowski at investinglive.com.

Stock Market Today: Dow, Nasdaq Steady After PPI Data Shows Wholesale Inflation Accelerated in July — Live Updates  The Wall Street Journal