šØ EUROPE PPI SHOCKER! DEFI SUMMER IS BACK! šØ
ā ļø Why this matters:
ā¢ European Producer Prices came in HOTTER than expected for November!
ā¢ Actual: -1.7% vs. Expected: -1.9%. That's a massive beat!
š Less deflationary pressure means the macro environment is getting juicier for risk assets.
ā This signals potential shift in central bank sentiment. Get ready for the pump.