US CPI & PPI — Quick Update
July inflation came in softer than expected:
📉 CPI MoM: +0.1%
📉 Core CPI MoM: +0.2%
📉 PPI MoM: 0.0%
Market impact:
🟢 Softer inflation → potentially bullish for Gold & BTC
🔴 Stronger inflation → USD/yields could rise, pressuring risk assets
For now, watch USD, Treasury yields, BTC, and Gold price action closely.
#CPI #PPI #BTC #Gold #Crypto