Morning Brief: Risk assets retreat after CPI comes in above expectations; U.S. markets are closed today for Veterans Day.
The BLS has released U.S. October CPI: headline CPI rose 0.4% month over month (Dow Jones survey estimate around 0.3%; September was 0.6%), while core CPI rose 0.3% (estimate around 0.2%; unchanged from August and September). Because the 2025 federal government shutdown left no comparable base, year-over-year figures were not published for most components this time. Shelter rose 0.3% month over month, accounting for more than 30% of the headline increase; food rose 0.5%, energy 0.7%, and gasoline 1.0%.
U.S. stocks closed lower on Tuesday, with the S&P 500 down around 0.4%, the Nasdaq around 0.7%, and the Dow around 0.3%. In early Binance spot trading, $BTC was trading at around 73518 (down around 2.11% over 24 hours), with a daily low of around 72727; $ETH was around 2048 (down around 3.71% over 24 hours), with a daily low of around 2006. SOL was around 83.07 (down 4.09%) and BNB around 679.6 (down 1.65%).
On flows, the latest complete data from Farside is still for November 9: U.S. spot BTC ETFs saw net outflows of around $201 million (IBIT around -$213 million), while ETH ETFs saw around $185 million in outflows (ETHA around -$119 million); data for major products on November 10 is not yet complete.
Next event to watch: Friday (11/13) at 21:30 Beijing time, when the BLS releases October PPI.
Data sources: Binance spot, BLS, Farside, Dow Jones/CNBC, AP/AFP. Not investment advice.
#比特币 #CPI #Macroeconomics
The BLS has released U.S. October CPI: headline CPI rose 0.4% month over month (Dow Jones survey estimate around 0.3%; September was 0.6%), while core CPI rose 0.3% (estimate around 0.2%; unchanged from August and September). Because the 2025 federal government shutdown left no comparable base, year-over-year figures were not published for most components this time. Shelter rose 0.3% month over month, accounting for more than 30% of the headline increase; food rose 0.5%, energy 0.7%, and gasoline 1.0%.
U.S. stocks closed lower on Tuesday, with the S&P 500 down around 0.4%, the Nasdaq around 0.7%, and the Dow around 0.3%. In early Binance spot trading, $BTC was trading at around 73518 (down around 2.11% over 24 hours), with a daily low of around 72727; $ETH was around 2048 (down around 3.71% over 24 hours), with a daily low of around 2006. SOL was around 83.07 (down 4.09%) and BNB around 679.6 (down 1.65%).
On flows, the latest complete data from Farside is still for November 9: U.S. spot BTC ETFs saw net outflows of around $201 million (IBIT around -$213 million), while ETH ETFs saw around $185 million in outflows (ETHA around -$119 million); data for major products on November 10 is not yet complete.
Next event to watch: Friday (11/13) at 21:30 Beijing time, when the BLS releases October PPI.
Data sources: Binance spot, BLS, Farside, Dow Jones/CNBC, AP/AFP. Not investment advice.
#比特币 #CPI #Macroeconomics