#CPIWatch Friday’s CPI inflation report is even more important than usual. Here’s what to expect Key Points : - The BLS will release the August consumer price index report Friday morning, with expectations for little change in the annual rate but a move higher in the headline monthly increase. Fed officials are due to vote next week on whether to keep interest rates where they are, or to hike. The market is pricing in a quarter-point increase. report due out Friday morning will be the last piece of the inflation puzzle the Federal Reserve will get before making its decision on interest rates next week.
The Bureau of Labor Statistics will release the August consumer price index report at 8:30 a.m.
If the Dow Jones consensus is correct, the report will show that costs for all measured goods and services rose 0.4% last month, putting the annual inflation rate at 3.4%. However, excluding food and energy prices, the respective outlooks for core inflation are 0.2% and 2.4%. $RAYSOL $FOLKS $BTW
⚡ BREAKING: 🇺🇸 A new 630-page draft of the CLARITY Act is circulating in the Senate ahead of the September 15 vote.
Key changes in this version:
1. Clarifies when DeFi protocols that aren't truly decentralized must register with the CFTC
2. Limits new DeFi rules to just spot and cash transactions
3. Responds to Native American groups' concerns about prediction markets
4. Reflects over 100 changes requested by Democrats
The bill isn't bipartisan yet, but backers say these changes are meant to build real support before the floor vote. $RAYSOL $KOMA $TAC #Top7AssetsHold92.1%OfCryptoTop100
#CPIWatch 🚨 REMINDER: 🇺🇸 U.S. CPI DATA DROPS TODAY AT 8:30 AM ET!
Previous: 3.4% - Forecast: 3.4%
IF CPI INFLATION > 3.4% → MARKETS CRASH HARD
IF CPI INFLATION < 3.4% → MARKETS RALLY HARD
IF CPI INFLATION = 3.4% → EXPECT A MIXED REACTIONUS. stock index futures steadied on Thursday evening ahead of key upcoming consumer inflation data, while Oracle rose after clocking strong artificial intelligence-fueled earnings.
S&P 500 Futures steadied at 7,600.75 points by 19:17 ET (23:17 GMT), Nasdaq 100 Futures fell 0.09% to 29,108.25 points, while Dow Jones Futures steadied at 52,105.0 points.
Futures steadied after a negative session on Wall Street, where a heady producer inflation report spurred increased concerns over rising inflation and interest rates. Continued hostilities between the U.S. and Iran, which underpinned oil prices, also kept markets on edge. $NVDA $ORCL $AAPLB
Bitcoin fell below $77,000 as US PPI inflation data hit 5.4% in August, exceeding expectations by 0.1%. The 30-year bond yield surged to 5.353%, highest since June 2007, while WTI crude oil crossed $100 per barrel amid Middle East tensions. $BZ $SAGA #USAugustPPIRisesLessThanExpected
Apple ($AAPL ) became a major market focus after Yahoo Finance reported that the company unveiled its foldable iPhone. Barron's framed the launch as the arrival of the long-awaited $2,000 iPhone Duo. The product appeared during a difficult tape in which higher oil prices and Treasury yields weighed on investor sentiment. Still, the official trending feed showed AAPL up 1.31% to $319.52. #AppleDebutsFoldablePhone
The 2-year yield hit 4.42%, its highest since January 2025.
The 5-year yield climbed to 4.59%, a 20-month HIGH.
With oil prices climbing, markets are rapidly pricing in another FED HIKE.
Odds of a 25-basis-point increase in September are around 60%, per Reuters.
The market risk is renewed inflation pressure and higher borrowing costs.
Strong earnings can support stocks, but rising yields could put pressure on valuations and crypto as investors price in tighter monetary policy. $PHA $GPS $IOST #USADPWeeklyEmploymentRises12000
Brent crude oil futures surged above $100 per barrel for the first time since July due to intensifying Middle East tensions, potentially impacting crypto markets through inflation expectations and Federal Reserve policy considerations. $CL #OilRisesToHighestSinceJuly
The recent bullish momentum in the crypto market is driven by a combination of macroeconomic shifts, regulatory updates, and institutional inflows.
Macroeconomic Factors :-
Lower Bond Yields: An expansion in U.S. Treasury long-end buybacks lowered government bond yields, which pushed investors toward riskier assets like Bitcoin.
Interest Rate Hopes: Hopes for potential Federal Reserve rate cuts or pauses in rate hikes if inflation cools have weakened the dollar and increased crypto demand.
Regulation and Policy : -
New SEC Framework: A new regulatory framework for digital assets introduced clearer guidelines, boosting market confidence.
Legislative Pressure: Increased push from the White House regarding crypto-related legislation like the CLARITY Act improved the overall sentiment.
Institutional Activity : -
Strong Inflows: Wall Street and institutional buyers continue channeling capital into digital assets, supporting prices despite short-term market corrections.
Short Liquidations: A wave of short position liquidations added sharp upward thrust to recent price rallies.