October's producer price index (PPI) rose 0.3% month-over-month and 6.5% annually, slightly below forecasts, easing concerns about aggressive Fed rate hikes. This softer inflation data helped Bitcoin climb above $70,000 and gold stay above $3,900 per ounce, reflecting ongoing demand for inflation hedges. While consumer prices showed a hotter increase, the cooler PPI suggests a potentially less aggressive Fed move in December, though inflation remains elevated and a 25 basis-point hike is still expected. Investors should watch for further inflation trends as producer costs often influence consumer prices over time.
Bitcoin's recent climb above $70,000 and gold's rise after a cooler PPI report provide context for market sentiment. For readers following major cryptocurrencies on Pluang as of Nov 13, 2026 20:31 WIB, 28 out of 50 priced cryptos rose while 21 fell. Bitcoin was priced at Rp1.267.772.566 with a 1-day change of -3.96% and a typical hold time of 113 days, with Pluang order activity showing 27% Sell and 73% Buy. Theta Network and The Graph also saw gains, with prices at Rp2.560 (+3.90%) and Rp316 (+3.70%) respectively, both with 100% buy order activity.
The Beer Institute recognized 16 outstanding professionals with its 2026 BEST IN BREW Honors, celebrating their exceptional contributions across brewing, supply chain, and leadership roles in the U.S. beer industry. This annual award highlights the d...
REalloys Inc. reported a net loss of $30.5 million in Q3 2026 but made significant progress by signing a non-binding term sheet with the U.S. Army for a heavy rare earth processing facility at Tooele Army Depot, Utah. The company is advancing its met...
Modern Mining Technology Corp. began trading on the NYSE American after raising nearly $40 million in an IPO. The company recovers valuable metals like gold, silver, and copper from electronic waste using a proprietary process, avoiding traditional m...
Michelin has disclosed the total number of voting rights and shares composing its capital as of October 31, 2026. The company reported 691,516,292 shares, with theoretical voting rights totaling 980,363,359 and exercisable voting rights at 960,075,64...
Michelin has announced the total number of its voting rights and shares as of October 31, 2026. The company has 691,516,292 shares and 960,075,649 voting rights, considering 20,287,710 treasury shares. This disclosure complies with French regulations...
