THE WEEK IN MARKETS...
The Fed hiked last month, and inflation replied by getting worse. September CPI hit 3.7% against a 3.6% forecast, and traders now put the odds of an October hike at 37%, up from 22% a day earlier.
Stocks noticed. Wall Street had its worst day since July on Wednesday, with the Nasdaq down 1.9% as chipmakers fell for a sixth straight session. Even ASML, on record sales, slid almost 4%.
Bitcoin shrugged, near $81,200 and down 0.6% on the week, while Ether lost 4.1%. Brent stayed above $100, and gold barely moved.
🔥 WHAT'S UP: WTI crude | +3.6% | 1 week
💧 WHAT'S DOWN: CoreWeave | -15.5% | 1 day.#NFA#DYOR#BankOfRussiaSaysSelfCustodyBanStartsJuly2027 #CFTCAdvancesVoluntaryRegCAMFramework #ChinaQ3GDPGrowthQuickensTo4.5% #KOSPIOpens3.17%Lower #ElSalvadorBitcoinHoldingsSurpass7800BTC $Jager
$WOD
$TAG
The Fed hiked last month, and inflation replied by getting worse. September CPI hit 3.7% against a 3.6% forecast, and traders now put the odds of an October hike at 37%, up from 22% a day earlier.
Stocks noticed. Wall Street had its worst day since July on Wednesday, with the Nasdaq down 1.9% as chipmakers fell for a sixth straight session. Even ASML, on record sales, slid almost 4%.
Bitcoin shrugged, near $81,200 and down 0.6% on the week, while Ether lost 4.1%. Brent stayed above $100, and gold barely moved.
🔥 WHAT'S UP: WTI crude | +3.6% | 1 week
💧 WHAT'S DOWN: CoreWeave | -15.5% | 1 day.#NFA#DYOR#BankOfRussiaSaysSelfCustodyBanStartsJuly2027 #CFTCAdvancesVoluntaryRegCAMFramework #ChinaQ3GDPGrowthQuickensTo4.5% #KOSPIOpens3.17%Lower #ElSalvadorBitcoinHoldingsSurpass7800BTC $Jager
$WOD
$TAG