US Data reaction

The US December PPI headline figures rose 0.9%, while the core rose 0.2%, which were higher than expectations at 0.5% and 0.1% respectively. The rise was cause by the high energy-related items such as the energy costs, crude good prices and intermediate prices.
US Treasuries were little changed and so is the dollar.
EUR/USD trading little lower after the figures at 1.2916, down 3 pips today.

US Stock futures trade has slipped to session lows in response to the higher than Expected PPI figures and now suggests negative opening for equities. Total PPI rose a larger than expect 0.9% in December, which leaves the year/year rate at 2.0% for the first time since Sept. 2005