NEW: This Week’s Calendar Is Built Around Friday CPI
The jobs print already landed hot. Inflation is the next test.
According to the week ahead, U.S. markets are closed Monday. The data stack then builds toward Friday’s CPI. After a strong 162,000 jobs report, another firm inflation number would make a September rate hike easier to defend — and that usually means higher yields, a stronger dollar, and pressure on stocks and crypto.
Key Details:
> Monday: U.S. markets closed.
> Tuesday: Fed closed-board meeting and consumer credit.
> Wednesday: Employer labor costs.
> Thursday: PPI, Fed balance sheet, and Adobe earnings.
> Friday: CPI and real earnings — the main event.
Bitcoin is sitting on $80,000 with ETF inflows finally green again. That bid can fade if Friday CPI comes in hot and hike odds jump. A cooler print would do the opposite and give the $83,000 test more room.
This Week: Closed Monday, CPI Friday — The Print That Can Make or Break the $80K Hold
Do you reduce risk into Friday CPI, or wait for the number before touching the $80,000 level?
The jobs print already landed hot. Inflation is the next test.
According to the week ahead, U.S. markets are closed Monday. The data stack then builds toward Friday’s CPI. After a strong 162,000 jobs report, another firm inflation number would make a September rate hike easier to defend — and that usually means higher yields, a stronger dollar, and pressure on stocks and crypto.
Key Details:
> Monday: U.S. markets closed.
> Tuesday: Fed closed-board meeting and consumer credit.
> Wednesday: Employer labor costs.
> Thursday: PPI, Fed balance sheet, and Adobe earnings.
> Friday: CPI and real earnings — the main event.
Bitcoin is sitting on $80,000 with ETF inflows finally green again. That bid can fade if Friday CPI comes in hot and hike odds jump. A cooler print would do the opposite and give the $83,000 test more room.
This Week: Closed Monday, CPI Friday — The Print That Can Make or Break the $80K Hold
Do you reduce risk into Friday CPI, or wait for the number before touching the $80,000 level?
