PPI Overview

Gold's Price Surge: Gold has experienced significant price increases, rising nearly 80% since late January of the previous year, reaching record highs.

Recent Performance: Since the beginning of the year, gold has gained 13.5%, surpassing $4,900 an ounce as of Thursday.

Market Sentiment and Economic Indicators: Investor sentiment is bearish as they prepare for March inflation data and the first-quarter earnings season, with significant focus on upcoming reports like the Consumer Price Index (CPI) and Producer Price Index (PPI), which could influence Federal Reserve interest rate decisions.

Earnings Reports and Trade Tensions: The earnings season kicks off with major banks reporting, including JPMorgan and Wells Fargo, while concerns over President Trump's tariffs and potential retaliatory measures from China add to market volatility, with analysts watching for any positive developments in global trade.

Dividend Announcement: AXS Astoria Real Assets ETF (NASDAQ: PPI) will pay a dividend of $0.0393 on March 28, with shareholders of record on March 26 and an ex-dividend date also on March 26.

Performance Rating: Seeking Alpha has provided a Quant Rating for the AXS Astoria Real Assets ETF, which includes a dividend scorecard.

Market Overview: European markets showed slight gains, with France's business climate indicator stable at 95 in January, while the pan-European Stoxx 600 dipped slightly as technology stocks fell after a previous rally linked to Trump's AI investment announcement.

Corporate and Economic Updates: Puma's shares declined after missing profit expectations for 2024, and the bond market saw minor fluctuations in yields across the U.S., Germany, and the UK, with a lighter economic agenda for the day.

Market Performance: European shares, including the Stoxx 600, saw gains following Donald Trump's announcement of a $500 billion AI infrastructure investment, while traders are monitoring potential trade tariffs from the U.S. and responses from the EU.

Economic Indicators: Producer prices in Moldova decreased by 1.3% year-on-year in December, and bond yields in the U.S., Germany, and the UK experienced slight declines.

UK and Eurozone Economic Updates: The UK's annual inflation rate decreased to 2.5% in December, while Germany's GDP fell by 0.2%. France's inflation remained at 1.3%, and Spain's rose to 2.8%. Overall, the pan-European Stoxx 600 index saw a slight increase as investors reacted to various economic data.

Market Movements and Interest Rates: U.S. banks began reporting Q4 earnings, with bond yields in the U.S., Germany, and the UK all declining. Traders are closely monitoring upcoming U.S. inflation data that may impact Federal Reserve interest rate decisions.