Bitcoin (BTC) rebounded from overnight lows on July 13 as markets nervously waited for United States inflation data. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Countdown to “highly el...
Tag: CPI
Purported CPI Rates Drop the Market By 5%, Will Higher Inflation Rates Drag them to the Bottoms?
The inflation rates are about to be announced in a short while from now and the crypto markets are responding extremely negative. It’s been a couple of months that the markets are dropping heavily as ...
U.S. stock futures inch up ahead of CPI data that could show inflation at 40-year high
U.S. equity futures inched higher on Wednesday, though trading was timid ahead of U.S. data that could show stubborn inflation forcing a faster pace of rate rises from the Federal Reserve. How are sto...
The CPI Inflation Rate May Hit 9%; Dow Jones Rally Pauses
Inflation may finally be passed its peak, with gas prices pulling back since mid-June. But that won’t show up in tomorrow morning’s June consumer price index data, which is collected throu...
Bitcoin price hits 7-day low as US warns of ‘highly elevated’ CPI data
Bitcoin (BTC) carried through threats of new local lows July 12 as the White House warned of “highly elevated” inflation. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView White House warns ...
USD/MXN forms a cup and handle as Mexico’s CPI surges
The USD/MXN price is hovering near the highest point since March this year after Mexico published strong consumer inflation data. The pair is trading at 20.6157, which is slightly below this week’s hi...
Six Myths That Could Lose You a Lot of Money in This Market
GLENDALE, AZ – FEBRUARY 3: David Tyree #85 of the New York Giants catches a pass over Rodney … [+] Harrison #37 of the New England Patriots in Super Bowl XLII February 3, 2008. (Photo by F...
Recent CPI Spike Creates Outside Chance Of Triple Fed Hike On Wednesday
Jerome Powell, chairman of the US Federal Reserve, following a ceremony in Washington, D.C., US, on … [+] Monday, May 23, 2022. The Senate this month voted to confirm Powell for a second four-ye...
Treasury Two-Year Yield Surges as CPI Shock Spurs Fed Repricing
(Bloomberg) — Yields on benchmark Treasury two-year notes surged again Monday as Friday’s US inflation surprise spurred investors to price in more aggressive Federal Reserve rate hikes. Most Rea...
With U.S CPI data pushing markets off the ledge, here’s what investors need to know
Recent developments in the market have reduced the pain tolerance of crypto investors that were already reeling from the May crash. What does the future of crypto assets look like now as global indexe...
Bitcoin And Ethereum Are Falling In Value As The CPI Report Indicates Rising Inflation
Shelter, food, and fuel accounted for the highest monthly gains in the CPI, a price index that analyses changes in a wide range of goods and services. On a month-to-month basis, the energy index rose ...
‘We’re in technical recession, but just don’t realize it’: Bank of America sees more ‘shocks’ to come
The shocks aren’t over. Get ready. That’s the timely Friday advice of Bank of America, delivered hours before worse-than-expected U.S. inflation data knocked the wind out of Wall Street and left inves...
Bitcoin (BTC) Dumps With The U.S May CPI at 8.6%
The U.S CPI for May accounts to rise by 8.6%. BTC drops by $500 instantaneously. The rise of CPI leads to the slumping down of BTC. Just when the Bitcoin (BTC) sees the limelight at touching the $30K...
Bitcoin, Ethereum Tumble as CPI Report Points to Rising Inflation
Inflation accelerated again in May after slowing down in April, which could have a negative impact on cryptocurrency markets already reeling from the Federal Reserve’s tighter monetary policy. The Con...
These Reforms Would Increase Economic Growth And Help Alleviate Inflation
The high price of gasoline is displayed at a Los Angeles gas station on November 24, 2021. – With … [+] inflation surging ahead of the Thanksgiving holiday, US President Joe Biden has draw...
CPI inflation rate reinforce economic concerns
The latest data released by the Bureau of Labor Statistics (BLS) in the United States shows that consumer prices surged 8.6% year on year in May. This is the highest annual rise since December 1981, d...
CPI inflation rate of 8.6% – what it means going forward
I’m nostalgic for the days when markets used to depend on Jerome Powell’s every word. To be honest, I’m nostalgic for green market days. Maybe I’ll be sitting on the couch in forty years, spinning tal...
CPI Print Pushes Crypto Into Red Zone, Here Are 2 Potential Scenarios
The crypto market is retesting critical support areas as the U.S. Consumer Price Index (CPI) print surpasses expectations. The metric is used to measure inflation in the U.S. dollar, and it recorded a...
After a Hot CPI, Where the S&P 500 and Nasdaq Close Friday Is Key
With hotter-than-expected CPI numbers released Friday morning putting pressure on stocks, closing prices for the S&P 500 and Nasdaq Composite are key for the markets. In our view, the S&P need...
CPI Inflation Rate Shock Jolts Fed Policy Outlook; Dow Jones Tumbles
The consumer price index came in hotter than expected in May, as the CPI inflation rate eclipsed March’s 40-year peak. Following Thursday’s stock market rout, the Dow Jones fell sharply a...
CPI news sends stocks tumbling: inflation rate hits 40-year high
The Dow Jones Industrial Average is down more than 800 points on Friday after investors reacted negatively to the latest inflation data in the US. The consumer price index (CPI) data for May showed p...
Bitcoin Sees Weakness Ahead of CPI Report; Cardano, Solana Lead Fall in Majors
Inflation concerns have contributed to bitcoin’s fall in the past several weeks. In May, the U.S. Federal Reserve (Fed) hiked rates by the largest amount since 2000 as it seeks to tighten monetary pol...
The stock market and inflation: How the S&P 500 performs on CPI report days
Stock-market investors crowded the exits on Thursday, sending major stock indexes sharply lower a day ahead of another eagerly anticipated consumer-price index reading. Recent history may offer a clue...
U.S. didn’t get any relief from high inflation in May – CPI to show another big gain
Wall Street is looking for a sign, any sign, that U.S. inflation is coming off a rapid boil. But they are unlikely to find much cooling off in May’s report on consumer prices. The consumer price index...
Treasury Yields Staring Down 3% Threshold Await CPI for Next Cue
(Bloomberg) — The fate of the world’s biggest bond market is hanging largely on a single question: Has inflation in the US already peaked? Most Read from Bloomberg Treasury yields have swung bac...
Ripe for a bearish breakout as Japan CPI soars
The Japanese yen retreated slightly even after the relatively strong Japanese inflation data. The USD/JPY pair is trading at 128, which is slightly above this week’s low of 127. The pair is a few poin...
How Inflation Changed The Price Of A Hamburger [Infographic]
Consumers all around the United States are forced to save their dollars and count their pennies as high inflation is putting pressure on household budgets. U.S. inflation rose another 8.3% year-over-y...
Dollar Near Two Decade High as CPI Maintains U.S. Rate Hikes
The greenback has moved aggressively in the market, soaring close to its highest level since 2002. The mitigating CPI rates from April gave this much-needed push. With favoring numbers from the report...
8.3% U.S Inflation CPI Causes Panic Among Investors, Bitcoin Drops Further
2 hours ago | 2 mins read Editors News With Bitcoin’s price falling, miners may be in for a rough ride as well. After the readings, other major cryptocurrencies also went negative for the day. Minutes...
Inflation may be a lot lower than anyone thinks — even the Fed
U.S. inflation in April plunged to an annualized rate of 4.1% — less than half of where it stood in the prior month. This will no doubt come as a surprise for those of you who focus only on the financ...