Pons $PONS is up 92.30% to $0.337 in 24h, massively outperforming a flat broader market and primarily driven by hitting a new all-time high amid surging fundamental metrics.
Meanwhile, July Core PCE is out.
Core inflation held at 3.3% YoY for the third straight month, while the monthly figure rose 0.2%.
Headline PCE remained at 3.7%, well above the Fed’s 2% target.
The numbers suggest inflation is proving sticky, which could keep rate expectations and the dollar in focus.
I’ll be watching DXY alongside BTC and equities. DXY-USDT perpetuals are also available on BingX.
#Macro Insights#
Meanwhile, July Core PCE is out.
Core inflation held at 3.3% YoY for the third straight month, while the monthly figure rose 0.2%.
Headline PCE remained at 3.7%, well above the Fed’s 2% target.
The numbers suggest inflation is proving sticky, which could keep rate expectations and the dollar in focus.
I’ll be watching DXY alongside BTC and equities. DXY-USDT perpetuals are also available on BingX.
#Macro Insights#
