Tamerbolat
66 Posts
Tamerbolat
Open Trade
High-Frequency Trader
6.4 Years
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#CPIWatch ๐ LATEST UPDATE: US CPI DATA EXCEEDS EXPECTATIONS AT 2.7% ๐บ๐ธ๐ฅ
The latest Consumer Price Index (CPI) data has surprised the market, reaching a year-on-year rate of 2.7%, which has generated significant concerns in risk assets.
โ ๏ธ Implications:
โข High Inflation: Reduces the chances of the Federal Reserve making rate cuts in the short term.
โข Market Reaction: Risk assets like cryptocurrencies and stocks could experience declines.
โข Expected Volatility: Anticipates sharp movements when the session opens in New York.
๐ The persistence of inflation is not well received by the markets, especially when rate cuts had been anticipated.
๐ Recommendation: Stay alert to key levels in $BTC, $ETH, and your preferred altcoins. This could be a decisive moment or a great
The latest Consumer Price Index (CPI) data has surprised the market, reaching a year-on-year rate of 2.7%, which has generated significant concerns in risk assets.
โ ๏ธ Implications:
โข High Inflation: Reduces the chances of the Federal Reserve making rate cuts in the short term.
โข Market Reaction: Risk assets like cryptocurrencies and stocks could experience declines.
โข Expected Volatility: Anticipates sharp movements when the session opens in New York.
๐ The persistence of inflation is not well received by the markets, especially when rate cuts had been anticipated.
๐ Recommendation: Stay alert to key levels in $BTC, $ETH, and your preferred altcoins. This could be a decisive moment or a great
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