Brent crude back above $105 as CPI super week begins
☀️ Uncle’s Morning Brief｜10.12
🪙 Crypto: BTC is around $83,800, after briefly breaking above $84,000 overnight; ETH is around $2,645. Ahead of the CPI release, watch volatility and key ranges—don’t mistake a rebound for a reversal.
🇺🇸 U.S. stocks: All three major indexes ended last week higher, with the Dow up about 0.9%, the S&P 500 up about 1.2%, and the Nasdaq up about 0.6%. Whether tech stocks can continue to recover will depend on inflation data and semiconductor earnings.
🇨🇳 China A-shares: The Shanghai Composite closed at 3,813.79 on Friday, with turnover across Shanghai, Shenzhen, and Beijing markets at about RMB 1.92 trillion. Around the 3,800 level, keep an eye on buying support, trading volume, and the breadth of gains.
🇭🇰 Hong Kong stocks: The Hang Seng Index rose 1.79% on Friday, while the Hang Seng Tech Index gained 3.06%. The rebound was solid, but its staying power remains to be seen.
🛢️ Oil: Brent rose to around $105 in early Asian trading, while WTI climbed to around $92. Developments in the Middle East and reports of attacks on oil tankers have heightened concerns about supply risks.
📅 Key events this week:
October 14: U.S. and China September CPI, ASML Q3 earnings
October 15: U.S. September PPI, TSMC Q3 earnings
October 16: U.S. import and export price indexes and scheduled remarks by Fed officials
⚡ Uncle’s take: It’s CPI super week—look at the data first, then how the market prices it in. Don’t focus only on whether markets rise or fall; watch how inflation, interest rates, and corporate earnings expectations are changing.
⚠️ Personal observations, not investment advice.
#bitcoin #BTC #cpi #Oil #A股
☀️ Uncle’s Morning Brief｜10.12
🪙 Crypto: BTC is around $83,800, after briefly breaking above $84,000 overnight; ETH is around $2,645. Ahead of the CPI release, watch volatility and key ranges—don’t mistake a rebound for a reversal.
🇺🇸 U.S. stocks: All three major indexes ended last week higher, with the Dow up about 0.9%, the S&P 500 up about 1.2%, and the Nasdaq up about 0.6%. Whether tech stocks can continue to recover will depend on inflation data and semiconductor earnings.
🇨🇳 China A-shares: The Shanghai Composite closed at 3,813.79 on Friday, with turnover across Shanghai, Shenzhen, and Beijing markets at about RMB 1.92 trillion. Around the 3,800 level, keep an eye on buying support, trading volume, and the breadth of gains.
🇭🇰 Hong Kong stocks: The Hang Seng Index rose 1.79% on Friday, while the Hang Seng Tech Index gained 3.06%. The rebound was solid, but its staying power remains to be seen.
🛢️ Oil: Brent rose to around $105 in early Asian trading, while WTI climbed to around $92. Developments in the Middle East and reports of attacks on oil tankers have heightened concerns about supply risks.
📅 Key events this week:
October 14: U.S. and China September CPI, ASML Q3 earnings
October 15: U.S. September PPI, TSMC Q3 earnings
October 16: U.S. import and export price indexes and scheduled remarks by Fed officials
⚡ Uncle’s take: It’s CPI super week—look at the data first, then how the market prices it in. Don’t focus only on whether markets rise or fall; watch how inflation, interest rates, and corporate earnings expectations are changing.
⚠️ Personal observations, not investment advice.
#bitcoin #BTC #cpi #Oil #A股