Slightly cooler inflation data easued tightening expectations temporarily. US stocks attempted to stop the slide and rebound, but elevated yields on long-dated US Treasuries continued to weigh on the market. Bitcoin steadied and consolidated around the $83,000 level, showing resilience at a key support area. Oil was tugged by geopolitical developments and inventory changes, oscillating around a high above $90 per barrel. Technically, major indices are trading in a tug-of-war around moving averages, while relative strength indicators remain neutral. Investors should watch upcoming employment data closely and strictly implement risk management and leverage controls.
Post