THE MARKET IS ON TENTERHOOKS, WAITING FOR THE FIGURE THAT COULD DESTROY OR SAVE THE CRYPTO MARKET
જ⁀➴
Macroeconomic week has arrived, and all eyes are on the October U.S. CPI.
The market is already making big bets, with an 80 percent probability that the Fed will raise rates by 25 basis points in December. The big question is whether inflation will ease.
If CPI comes in below expectations, Bitcoin and risk assets will get immediate relief, while the dollar and bond yields will weaken. But if inflation comes in high, the narrative of higher rates for longer will dominate, and liquidity will remain scarce.
The strength of the labor market has already shown that the economy is not to be trifled with. The golden rule is not to trade based solely on expectations. Pay attention to the actual figure, core inflation, the dollar, and bond yields before making any decisions.
$INIT
$PIEVERSE
$OKLO
#cpitestsdecemberrateoutlook
#cpitestsdecemberrateoutlook
જ⁀➴
Macroeconomic week has arrived, and all eyes are on the October U.S. CPI.
The market is already making big bets, with an 80 percent probability that the Fed will raise rates by 25 basis points in December. The big question is whether inflation will ease.
If CPI comes in below expectations, Bitcoin and risk assets will get immediate relief, while the dollar and bond yields will weaken. But if inflation comes in high, the narrative of higher rates for longer will dominate, and liquidity will remain scarce.
The strength of the labor market has already shown that the economy is not to be trifled with. The golden rule is not to trade based solely on expectations. Pay attention to the actual figure, core inflation, the dollar, and bond yields before making any decisions.
$INIT
$PIEVERSE
$OKLO
#cpitestsdecemberrateoutlook
#cpitestsdecemberrateoutlook
