New CPI Numbers in ~2 hours 🚨
Last month we saw a big miss towards the downside. The forecast for July's numbers are pretty low. We also saw a drop in OIL during most of the month.
So not expecting too much craziness here. Obviously as always, lower is better as it keeps away any rate hikes in the nearby future.
Lower rates = better for risk assets
The current odds for a hike in September stand at 50/50.
$BTC
$ETH
$SOL
Last month we saw a big miss towards the downside. The forecast for July's numbers are pretty low. We also saw a drop in OIL during most of the month.
So not expecting too much craziness here. Obviously as always, lower is better as it keeps away any rate hikes in the nearby future.
Lower rates = better for risk assets
The current odds for a hike in September stand at 50/50.
$BTC
$ETH
$SOL