The US released its PPI for October coming in at 0.3%; worse than the forecasted reading of 0.5% but better than the prior reading of -0.6%, while for the year ending October it came in at -1.9%, which is lower than the expected reading of -1.8% and higher than the prior reading of -4.8%.

As for the PPI Ex Food & Energy for October, it came in at -0.6%; worse than the predicted reading of 0.1% and the prior reading of -0.1%, whereas for the year ending October it plunged to 0.7%, which is lower than the forecasted reading of 1.4% and the prior reading of 1.8%.