📉 September hike odds are fading fast.
CME FedWatch now shows a 30.6% probability of a 25bp hike next month, down from around 40% before the latest data. Markets now see the Fed holding rates at 3.50–3.75% as the more likely outcome, with odds above 65%.
Recent data is adding to the dovish case: CPI eased to 3.4%, July PPI was flat, retail sales fell 0.6% MoM, consumer confidence dropped sharply to 51, and jobless claims edged higher.
The next key catalyst is the FOMC minutes. If September stays dovish, BTC and gold could get another boost. 🧊
#CardanoSplitsDijkstraUpgradeIntoTwoPhases #GlobalStockFundsSee$18.62BInflow #CMESeptemberHikeOddsFallTo30.6% #ChinaJulyOutputRetailInvestmentAllMiss $BTC
CME FedWatch now shows a 30.6% probability of a 25bp hike next month, down from around 40% before the latest data. Markets now see the Fed holding rates at 3.50–3.75% as the more likely outcome, with odds above 65%.
Recent data is adding to the dovish case: CPI eased to 3.4%, July PPI was flat, retail sales fell 0.6% MoM, consumer confidence dropped sharply to 51, and jobless claims edged higher.
The next key catalyst is the FOMC minutes. If September stays dovish, BTC and gold could get another boost. 🧊
#CardanoSplitsDijkstraUpgradeIntoTwoPhases #GlobalStockFundsSee$18.62BInflow #CMESeptemberHikeOddsFallTo30.6% #ChinaJulyOutputRetailInvestmentAllMiss $BTC