One thing markets hate is surprises, and if this week doesn’t go according to plan, they could be in for a rude awakening. Equity and crypto markets remained relatively tame Monday as traders aw...
Tag: CPI
Bitcoin Drops Below $17k Pre CPI, Scenarios To Prepare For
A week could not be more important for Bitcoin and the broader crypto market! On Tuesday, at 08:30 ET, there will be the release of the Consumer Price Index (CPI). Just one day later, on Wednesday, De...
Crypto News for the Week Ahead! CPI, FOMC & More!
The crypto space, which had geared up to some extent during the past few days, appears to have again re-entered the bear trap. Moreover, the upcoming week is speculated to be more intense as the major...
How Will Bitcoin and Crypto Market React To CPI Report?
The post How Will Bitcoin and Crypto Market React To CPI Report? appeared first on Coinpedia Fintech News Major cryptocurrencies experienced small declines during Monday’s early Asian trade...
The Coming CPI Inflation Report Will Be Sketchy
And the answer is… Confusion getty The December 13 CPI report (8:30 AM ET) for November 2022 should show a further inflation decline. That’s the good news. The problem is that the one numb...
Stock Market’s Defining Moment Arrives With CPI, Fed Decision
(Bloomberg) — It’s the week everyone’s been waiting for. With the release a key measure of inflation, the Federal Reserve interest-rate decision and Chair Jerome Powell’s comments afterward, inv...
Using the DXY to forecast US equities ahead of the December CPI report
Next week is a busy one for traders. Four central banks will release their monetary decisions (Federal Reserve, Swiss National Bank, Bank of England, European Central Bank) for the last time in 2022. ...
Bitcoin Remains Calm in Anticipation of Tuseday’s CPI Release (Weekend Watch)
The cryptocurrency market has remained calm over the past 24 hours with unimpressive volumes, which is rather typical for the weekend. It’s also worth noting that market participants might be cautious...
Market Rally Awaits CPI Inflation Report, Federal Reserve After Ugly Week; Here’s What To Do
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures, with attention squarely on the CPI inflation report and the Federal Reserve. X The stock market rally ret...
BTC price tests $17K on PPI as Bitcoin analysts eye CPI, FOMC catalysts
Bitcoin (BTC) fell on the Dec. 9 Wall Street open as United States economic data appeared to disappoint markets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Attention turns to Bitcoin ...
Stock Market Digs In Ahead Of Fed Meeting, CPI; These Groups Flex Muscles
The stock market bulls were overwhelmed late as the stock market closed lower following disappointing inflation data. The indexes suffered a painful week ahead of a Federal Reserve meeting and another...
Bitcoin Price Bounces Off $16.8K in Anticipation of Next Week’s CPI Numbers (BTC Price Analysis)
Bitcoin’s price is approaching a key resistance area as the markets are patiently waiting for the CPI release next week. Both the chart and the high probability of another decline showing in the infla...
This Week’s Job Report Presents Mixed News For Investors
Getty Images Key takeaways Thursday’s jobs report and unemployment report found that November’s numbers performed slightly better than expected Meanwhile, last week’s jobless claims rose roughly in li...
Consumer Confidence Slips Into The Holiday Season
Getty Images Key takeaways Consumer confidence fell for the second consecutive month in November as high inflation dogs consumers entering the holiday season Though holiday spending is off to a strong...
When’s The December CPI Report And What To Expect From It
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, Nov. 2, 202...
Gold Outshined Bitcoin This Month Climbing 6% Higher Amid US Real Estate Slump, Lower CPI Data – Bitcoin News
This month, gold has outperformed bitcoin after crypto markets shuddered from the recent FTX collapse, and the precious yellow metal climbed 6.12% since the first of November. The U.S. housing market ...
Further Data Suggests Easing U.S. Inflation, Increasing Chance Fed Softens Hikes
The November PPI report offers further evidence that price pressure in the U.S. may be easing … [+] (Photo by Joe Raedle/Getty Images) Getty Images The Producer Price Index (PPI) for October 202...
Fed’s Waller says market has overreacted to consumer inflation data: ‘We’ve got a long, long way to go’
Federal Reserve Gov. Christopher Waller said Sunday that financial markets seem to have overreacted to the softer-than-expected October consumer price inflation data last week. “It was just one data p...
Is it safe to own tech stocks after the positive CPI print?
It’s not the scariest thing in the world anymore to start selectively returning to the beaten down tech stocks, says Shannon Saccocia – the Chief Investment Officer of SVB Private. Saccocia’s bull cas...
Investors digest lower-than-expected CPI as risk-on assets rallied while DXY sunk into the weekend
For almost the entirety of 2022, U.S. inflation data has caused pain in the markets, however, a slowdown in October gave new hope for less aggressive Fed hikes. Investors grabbed the chance with both ...
SOFI Stock Surges Following the CPI Release
On 10th November 2022, United States Bureau of Labor Statistics released the latest Consumer Price Index (CPI) data. The data reportedly turned out to be better than expected and brough bit of positiv...
Solana leads US CPI induced market recovery
In the last 24 hours, the cryptocurrency market cap saw inflows of around $50 billion as the industry rose to $872.68 billion from $828.94 billion as of press time — up 5.26%. Bitcoin and Ethereum’s m...
Bitcoin Gains Momentum Based on Positive CPI Numbers
After slipping to lows of $15.5K amid FTX’s liquidity crunch, Bitcoin (BTC) gained momentum due to better-than-expected consumer price index (CPI) numbers released by the U.S. Bureau of Labor Statisti...
Crypto Market Positive To FTX Withdrawals Open, CPI Data
Crypto Market, FTX Withdrawals News Updates: The cryptocurrency market reacted positively to the news of FTX opening withdrawals, following prolonged bearish momentum earlier in the week. On chain dat...
Bitcoin price gains $1K in minutes as CPI data deals DXY fresh 2% dip
Bitcoin (BTC) surged $1,000 in five minutes before the Nov. 10 Wall Street open as United States inflation and jobs data boosted risk assets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingVie...
M2 money supply could be a better measure of inflation than CPI
When markets turn red and inflation starts soaring, both regulators and consumers turn to CPI as a gauge for the damage done by soaring prices but in the chaos that ensues as markets enter into a rece...
Bitcoin Bounces On Lower Than Expected CPI Data
Bitcoin has taken 10% back in a dramatic move following the announcement of October CPI data. CPI came in below expectations, causing a melt up in risk assets including cryptocurrencies. Take a look a...
U.S Consumer Price Index (CPI) Falls to 7.7% in October
7 hours ago | 2 mins read Bitcoin News Economists polled by Bloomberg News had predicted a result of 7.9%. Within minutes of the data’s release, Bitcoin’s price rose 7.6%, pushing it past $17,000. Inf...
U.S. Annual CPI Inflation Declines To 7.7% In October
Inflation in the U.S., as estimated by the Consumer Price Index (CPI), decreased to 7.7% on a yearly basis in October from 8% in September, according to a report released on Thursday by the U.S. Burea...
Stocks stage blowout rally after milder CPI print
U.S. stocks posted outsized gains Thursday, logging their biggest one-day climb in two years, as Wall Street cheered lighter-than-expected inflation data and monitored midterm election tallies. The Co...
This Is Why Today’s Inflation Number Is Not As Good As It Seems
Mary Daly, president of the San Francisco Federal Reserve Bank, poses for a photograph. (Photo by … [+] Nick Otto for the Washington Post) The Washington Post via Getty Images Today the Bureau o...