Good Evening
PCE INFLATION IS THE NEXT BIG MARKET TEST.
The U.S. August PCE inflation report is due today:
September 30
12:30 UTC
19:30 UTC+7
Core PCE remains one of the key inflation gauges watched by the Federal Reserve, and today's print could influence expectations for the next rate moves.
Three numbers to watch:
0.2% MoM: Softer inflation could ease rate-hike expectations and support risk assets.
0.3% MoM: Roughly in line with expectations, potentially keeping the current macro narrative intact.
0.4–0.5% MoM: Hotter inflation could reinforce expectations for tighter policy and push Treasury yields higher.
BTC is trading around $84K, while stocks, bonds, the dollar and crypto remain highly sensitive to the rate outlook.
The real question:
IS INFLATION COOLING OR IS THE FED STILL IN HAWKISH MODE?
My take: This isn't just a Bitcoin event. PCE can move the entire macro chain Treasury yields → USD → equities → crypto.
MARKET IS WAITING. THE NUMBER SETS THE MOOD.
PCE INFLATION IS THE NEXT BIG MARKET TEST.
The U.S. August PCE inflation report is due today:
September 30
12:30 UTC
19:30 UTC+7
Core PCE remains one of the key inflation gauges watched by the Federal Reserve, and today's print could influence expectations for the next rate moves.
Three numbers to watch:
0.2% MoM: Softer inflation could ease rate-hike expectations and support risk assets.
0.3% MoM: Roughly in line with expectations, potentially keeping the current macro narrative intact.
0.4–0.5% MoM: Hotter inflation could reinforce expectations for tighter policy and push Treasury yields higher.
BTC is trading around $84K, while stocks, bonds, the dollar and crypto remain highly sensitive to the rate outlook.
The real question:
IS INFLATION COOLING OR IS THE FED STILL IN HAWKISH MODE?
My take: This isn't just a Bitcoin event. PCE can move the entire macro chain Treasury yields → USD → equities → crypto.
MARKET IS WAITING. THE NUMBER SETS THE MOOD.
