Europe PPI SHOCKER: Inflationary Pressure Spikes Above Expectations! 🚨

The latest European Producer Price Index (PPI) for November just landed hotter than anticipated, hitting 0.5% MoM against expectations of 0.4%. This signals persistent cost-push inflation across the Eurozone, which has major implications for the ECB's next moves. Keep a close eye on $BTC correlation as macro uncertainty rises. This data point suggests rate cuts might be further out than the market currently prices in. 🧐

#MacroCrypto #PPI #ECB #MarketWatch 📈

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