🚨 The need for caution while waiting for today's U.S. inflation data 🇺🇸🔥 !
⭕ All eyes are on the U.S. inflation data today, as the U.S. Consumer Price Index (CPI) will be released at 3:30 PM Saudi time.
⬅️ Market expectations indicate an increase in the U.S. inflation index to 3.1% compared to the previous reading of 2.9%.
⬅️ We may witness significant fluctuations in the markets upon the release of this news, especially since it is considered one of the fundamental economic indicators that the U.S. Federal Reserve relies on to determine its monetary policy and decision regarding interest rates.
🔥 The impact of the inflation data will be strong on currencies, gold, oil, and stocks, so please trade and manage risks cautiously today.$BTC #BitcoinETFNetInflows