US CPI Data: Is the crypto market at the cusp of a sharp shift in investor attitude in the weeks to come? Going by the double shocks in the ecosystem of cryptocurrencies in 2022, investors were desper...
Tag: CPI
US dollar index forms a double-tops ahead of CPI data
The US dollar index (DXY) has formed a small double-top pattern as focus shifts to the upcoming American inflation data. It pulled back to a low of $103.18, which was lower than last week’s high of ne...
Fade The CPI Inflation Report; Here’s What Matters To The Fed, S&P 500
The January CPI inflation report out Tuesday at 8:30 a.m. ET has been built up as a key data release for the Fed policy outlook and the S&P 500 direction. That’s way overblown. Sure, Wall St...
ROSE Price Prediction As Countdown To CPI Data Release Tests Investors’ Focus On Renewed Risk Appetite
Join Our Telegram channel to stay up to date on breaking news coverage ROSE, the native token for the Oasis Network, thrust into the weekend with a bullish front that raised the price 33% to the Sunda...
CPI Will Show Whether Stocks or Bonds Got It Right
(Bloomberg) — For the first time in a long time, stock and bond markets are flashing divergent signals on the economy and future Federal Reserve policy. Tuesday’s inflation report will go a long...
Why January’s CPI report could deal a massive blow to the stock market
The stock market’s start-of-year rally is poised to fizzle if a highly-anticipated U.S. inflation report on Tuesday dashes hopes for a quicker retreat in the cost of living in America, warned market a...
Wall Street Trading Desks Map Out Game Plans for CPI Scenarios
(Bloomberg) — For months now, an uneasy truce has prevailed between the Federal Reserve and stock investors. As inflation cooled, Chairman Jerome Powell kept mostly quiet about a $5 trillion equ...
Here’s how the S&P 500 might respond to the CPI print tomorrow
U.S. stocks could regain momentum if consumer prices continue to exhibit signs of easing, says Sylvia Jablonski – the Chief Executive of Defiance ETFs. Jablonski defends her view on CNBC The Bureau of...
USA CPI Reports being Out Tomorrow-Here’s What You Can Expect from Bitcoin & Altcoins
The economic calendar for the week is set as multiple events may knock in disturbing the entire crypto space. The Bitcoin price which dropped below $22,000 a few days ago, is unable to make it above t...
Will Bitcoin Price Fall Below $20K Ahead Of US CPI Data
The Bitcoin price correction has swept the crypto market, with the total market cap falling down to almost $1 trillion. After Bitcoin price dropped over 7% in just a few days due to U.S. Fed officials...
Inflation data rocked the stock market in 2022: Get ready for Tuesday’s CPI reading
Few things moved the U.S. stock market last year like inflation data and the next reading is due this week. Under the spotlight is the January consumer price index, which is set to be released at 8:30...
Economist Issues Warning Ahead of CPI Report on 14 February–Bitcoin and Ethereum in Trouble?
The crypto market had a bullish Saturday session but regulatory risk and Fed fear will still be obstacles, limiting short-term gains. The US Securities and Exchange Commission recently took a harsh st...
The Good News, The Not-So-Good News, And The Bad News
HOUSTON, TEXAS – AUGUST 15: Cartons of eggs are seen for sale in a Kroger grocery store on August … [+] 15, 2022 in Houston, Texas. Egg prices steadily climb in the U.S. as inflation conti...
Weekly markets TL;DR: Google’s AI fail, job numbers worry Fed, and relative calm ahead of CPI next week
1. Economy US Federal Reserve chair Jerome Powell affirmed that more rate cuts would be coming if inflation and jobs data don’t begin to soften Jobs data came in extremely hot last Friday, with ...
What To Look For In February’s Upcoming Consumer Price Inflation Numbers
Jerome Powell, chairman of the US Federal Reserve, speaks during a news conference following a … [+] Federal Open Market Committee (FOMC) meeting in Washington, DC, US, on Wednesday, Feb. 1, 202...
Bitcoin price may retest $20K on US CPI amid absence of soft landing — trader
Bitcoin (BTC) could face a retest of $20,000 and the United States will fail in its plans for a “soft landing” on inflation, a new analysis says. In a YouTube update on Feb. 5, Cointelegraph contribut...
Why The Fed Will Keep Rates Above 4% For A Long Time
Ever upward, says the Fed. getty Higher for longer. That’s what numerous Federal Reserve officials have been saying about interest rates for some time. Nonetheless, many investors don’t take them at t...
Could BYD Outpace Tesla If They Sold In North America?
LightRocket via Getty Images Key takeaways BYD is China’s largest manufacturer of electric vehicles (EVs). The company is outpacing Tesla in sales, selling 1.62 million cars between January and Novemb...
Here’s The Current State Of The Economy And What It Means For The Stock Market
Getty Images Key takeaways Overall inflation for December dropped to 6.5% from 7.1% in November on an annual basis. While this information isn’t exactly worthy of a celebration, it’s a sign that thing...
What To Expect From February’s CPI Inflation Numbers
US President Joe Biden speaks in the Eisenhower Executive Office Building in Washington, DC, US, on … [+] Thursday, Jan. 12, 2023. US inflation continued to slow in December, adding to evidence ...
Despite December Slow Down In Consumer Spend, Holiday Sales Were Up 8.3%
Retail sales for October, November and December were 8.3% higher than last year. Many holiday … [+] promotions started in early October. (Photo by Mario Tama/Getty Images) Getty Images Retail tr...
Bitcoin Climbs Upward Following CPI Update
December’s consumer price index (CPI) dropped by 0.1%, the two-year lowest mark since the pandemic hit. The data, on the other hand, shows a 6.5% annual growth of price, reflecting the ongoing cost-li...
Peter Schiff Urges Bitcoin Hodlers to Sell Ahead of CPI Release
In a recent tweet, Bitcoin critic and gold bug Peter Schiff urged Bitcoin hodlers to sell ahead of the CPI data release, claiming that Bitcoin rising above $18,000 is an excellent opportunity to offlo...
Crypto Markets Primed for Soft CPI
More than $200 million in shorts (bets against price rises) have been liquidated in the last 24 hours as the major cryptocurrencies rallied. Bitcoin broke above $18,000, and ether rose over $1,400. Ot...
Markets Rise On Epic Foreign Inflow As Internet Stocks Climb The Wall Of Worry, Week In Review
China Last Night KraneShares Week in Review China’s December CPI was released at +1.8% versus November’s +1.6%, meeting expectations of 1.8%. On Wednesday, The World Bank cut its 2023 global GDP growt...
Bitcoin price fails to seal fresh CPI gains as $18K support hangs in balance
Bitcoin (BTC) wobbled at $18,000 at the Jan. 12 Wall Street open despite United States inflation continuing to fall. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin traders stay wa...
Crypto Market Mixed Reaction To December CPI Inflation Data
December inflation data release: The CPI data for December came in on the expected lines, with inflation rising by 6.5%. The US Bureau of Labor Statistics released the Consumer Price Index (CPI) data ...
A Crucial Time For Bitcoin Price Ahead Of CPI Report!
The crypto space is curiously waiting for the Consumer Price Index (CPI) data which is scheduled to be released today, Jan 12 2023. The crypto market sentiment ahead of CPI release seems to be quite p...