It’s just the beginning.
US PPI rose 5.4% year-over-year in August, above the 5.3% estimate.
US 30-year bond yield rises to 5.35%, highest level since June 2007.
$BTC and $ETH are no exception in the market as risk assets will dump hard and fast first when the carry trade unwind will take place. The FOMC and BOJ meeting this month are very crucial. Any bad news and we tank 🩸#CPIWatch
US PPI rose 5.4% year-over-year in August, above the 5.3% estimate.
US 30-year bond yield rises to 5.35%, highest level since June 2007.
$BTC and $ETH are no exception in the market as risk assets will dump hard and fast first when the carry trade unwind will take place. The FOMC and BOJ meeting this month are very crucial. Any bad news and we tank 🩸#CPIWatch
