Dow Jones futures fell slightly overnight, along with S&P 500 futures and Nasdaq futures, with Dow giants UnitedHealth and JPMorgan Chase headlining key earnings Friday morning. The stock market p...
Tag: Inflation
Why stocks scored a historic bounce after another hot inflation report
Stock-market investors can be forgiven for feeling a little dizzy after a day that saw stocks plunge in reaction to another round of hotter-than-expected inflation data only to surge higher and extend...
Bitcoin, Ethereum Continue Tumble Following Hot Inflation Numbers
Leading cryptocurrencies in Bitcoin and Ethereum continued to dip following the release of the U.S. Bureau of Labor Statistics consumer price index (CPI). The index is often used as a barometer for me...
Market Update: US Inflation Data Push Bitcoin Below the $19,000 Support Zone
Today, the United States Bureau of Labor Statistics (BLS) published the latest inflation figures with the Consumer Price Index (CPI) for all urban consumers growing by 0.4% in September. Per the data...
Core US Inflation Rises to 40-Year High, Securing Big Fed Hike
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg A closely watched measure of US consumer prices rose by more tha...
Crypto stocks plunge. Has the U.S inflation resolve gone too far?
The weekend’s negative attitude has returned to the digital asset market as crypto stocks suffer hefty losses. Why are crypto stocks declining today? Thursday’s total crypto market cap decline might b...
Massive Bitcoin Volatility as US Inflation Clocks in at 8.2%
Perhaps somewhat expected, the volatility has returned to the cryptocurrency market, albeit event-driven. The ongoing turbulence is caused because the United States Bureau of Labor Statistics released...
Crypto Market Awaits US Inflation Data
Cryptocurrency News Live Updates and Latest News: The Global cryptocurrency market stands on hold as the inverters await the much anticipated US CPI data. Experts suggest that the inflation rate might...
SHIB, SOL Fall to 4-Month Lows, US Inflation Higher Than Expected – Market Updates Bitcoin News
Shiba inu fell to a four-month low on Thursday, as consumer prices in the United States rose by more than expected. U.S. inflation came in at 8.2% in September, which is higher than the 8.1% consensus...
Bitcoin Price Threatened By Inflation, CPI Print To Shed More Light
Hovering at a range between $18,800 and $19,500, the Bitcoin price is chopping out short and long positions. The current dynamics in the market have been determined by macro forces leading BTC to extr...
‘The mood has turned darker’: Desperate to outrun inflation, people are making big (and easy) changes to their habits. You can too.
We never were the same after last summer. Stubbornly high inflation rates in recent months and several interest rate hikes by the U.S. Federal Reserve are impacting consumer behavior. That’s according...
Over $256,000,000 in Bitcoin and Crypto Liquidated as US Inflation Report Triggers Flash Crash
Hundreds of millions of dollars worth of crypto assets have been liquidated as new inflation data shakes global markets. According to data from market intelligence firm Coinglass, about $250 million w...
Stocks roar back after sinking on hot inflation data
U.S. stocks recovered Thursday from large early-session drops as Wall Street looked to shake off inflation data that showed consumer prices climbed more than expected. In midday trading, the S&P 5...
Elevated CPI Report May Lock-In 0.75 Percentage Point Hike For November
Today’s CPI inflation numbers will do little to reassure the Fed ahead of their next meeting. (AP … [+] Photo/Manuel Balce Ceneta, File) Copyright 2022 The Associated Press. All rights res...
Nasdaq Jumps, Bitcoin Up on Inflation Downtrend – Trustnodes
Markets seem to have decided that the inflation report was good news in the end, with Nasdaq seeing a 5% move from -3% to now 1.41% in green. Dow has gone from -2% to +2.29% in one of the biggest uno ...
Latest CPI Data Shows Red-Hot Inflation Continues to Thrive in the US, Consumer Prices Jumped 8.2% in September – Economics Bitcoin News
The latest inflation data from the United States indicates that consumer prices have kept climbing despite expectations of a slowdown. The Consumer Price Index (CPI) summary published on Thursday show...
More pain as inflation comes in hot again
It’s Groundhog Day. The CPI reading for September came in this morning. Core CPI smashed expectations at 0.6% month over month, while the headline number of 8.2% was also north of expectations at 8.1%...
Over $8 billion outflows Bitcoin within hours after U.S. inflation hits 8.2%
Bitcoin (BTC) is experiencing a spike in selling pressure moments after the United States inflation figures for September came in hotter than expected. The capital outflow in the asset has triggered s...
Here’s the inflation breakdown for September 2022 — in one chart
Inflation was a bit hotter than expected in September, with monthly gains fueled primarily by housing, food and medical care, the U.S. Bureau of Labor Statistics said Thursday. Inflation measures how ...
Crypto, stocks slammed after hot US inflation data
Cryptocurrencies prices fell on Thursday morning as the total crypto market cap tanked by more than 4% to around $919 billion. In the specific digital asset markets, Bitcoin (BTC/USD) dropped by more ...
US CPI data signals high-price inflation
The US markets are eyeing another hike in the rate by early November. If reports are to be believed, then the Fed has every intention of taking the shot in an attempt to lower inflation. S&P500 an...
Inflation Spiked 8.2% In September In ‘Nightmare Scenario’ For Fed
Topline As the threat of prolonged inflation threatens additional rate hikes tanking sectors of the market, consumer prices rose 8.2% in the 12 months ending in September—slowing down for a third cons...
U.S. Inflation Is Sticky at 8.2%. What’s Next for Bitcoin?
Key Takeaways U.S. inflation declined from 8.3% to 8.2% on a yearly basis in September. Although the Consumer Price Index fell by 10 basis points, the decline was less than economists’ expectati...
Bitcoin Dives on Inflation Data, Nasdaq Red – Trustnodes
Bitcoin is down by about 5%, with the global currency starting to fall two hours prior to the inflation report, after a further dive on its publishing. It initially went down to $18,700, to then fall ...
Bitcoin Holds Steady as Market Awaits Pivotal Inflation Data
Bitcoin’s price barely moved Wednesday as traders awaited important inflation data due to be released Thursday. The biggest cryptocurrency by market cap was trading for $19,142 at the time of writing...
Consumer price index September 2022:
Prices consumers pay for a wide variety of goods and services rose more than expected in September as inflation pressures continued to weigh on the U.S. economy. The consumer price index for the month...
U.S. stock futures advance ahead of inflation data
U.S. stock-index futures advanced Thursday ahead of the week’s big event, the release of September consumer price inflation data. What’s happening Futures on the Dow Jones Industrial Average YM00, +0....
Greg Foss says Bitcoin is a hedge against monetary inflation: Bitcoin Amsterdam
As global inflation rumors continue to circulate, debates rage on both inside and outside of the decentralized finance space on whether Bitcoin is the answer. Inflation is a buzzword penetrating the f...
Dow Jones Futures Rise Ahead Of CPI Inflation Report; Investors Avoid This Mistake
Dow Jones futures rose slightly overnight, along with S&P 500 futures and Nasdaq futures. All eyes turn to the September CPI inflation report on tap for a Thursday morning release. X The stock mar...
What stock-market investors will be watching in Thursday’s U.S. inflation report
Hotter-than-expected U.S. consumer-price index readings have triggered some of the stock market’s biggest one-day selloffs in 2022, serving to focus investor attention ahead of the latest measure of r...
How the Fed Might Slow Down
“Move fast and break things,” hasn’t been such a great corporate slogan lately. It might not be a very good slogan for Federal Reserve policy, either. Minutes to the Fed’s September rate-setting meeti...