CPI data

Greeks.Live: Focus on the release of US CPI data next week, as the market awaits the fulfillment of various promises made by Trump during his presidency

ChainCatcher news, Greeks.Live analyst Adam posted that Bitcoin has retraced after failing to breach the $100,000 mark, with ETF funds continuing to flow out. Trump is about to officially take office as President of the United States, but major speculative markets are filled with risk-averse sentiment, leading to significant declines in U.S. stocks. Next week (January 13 to 19), the market focus will be on the release of the U.S. CPI data on Wednesday. This will be the most important macro data before Trump's inauguration, and the market is now waiting for the various promises made by Trump to be fulfilled.In the options market, due to ample institutional margins, there is a large sell-off whenever there is an opportunity to sell, resulting in a noticeable decline in short- to medium-term implied volatility (IV). From the options trading perspective, large bullish options trades are active, mainly used to supplement institutional short positions, with January options being relatively undervalued and March options being relatively overvalued.In addition, new EU regulations require cryptocurrency exchanges to comply with travel rule guidelines and strengthen anti-money laundering measures, with exchanges like Deribit needing to improve KYC to operate normally. In the interest rate market, Bitfinex's interest rate market has recently performed steadily, and it is recommended to actively trade at appropriate rates, especially during market volatility.

4E: The three major U.S. stock indices all fell, the cryptocurrency market experienced increased volatility, and the market is awaiting tonight's CPI data

ChainCatcher news reports that, according to 4E monitoring, on the eve of the release of U.S. CPI data, U.S. stocks collectively retreated with all three major indices declining. The S&P 500 index closed down 0.30%, the Dow Jones down 0.35% for the fourth consecutive trading day, and the Nasdaq, after hitting an intraday all-time high, ultimately closed down 0.25%. Large tech stocks had mixed performances, with Tesla rising 2.87% to set a new three-year high, and Google A rising 5.59%, marking the largest single-day gain since April. In the cryptocurrency sector, MicroStrategy rose 3.3% amid market speculation that it might be included in the Nasdaq 100 index, while Coinbase fell 2.61%.The cryptocurrency market experienced a sharp correction, influenced by Google's launch of its latest quantum chip, Willow, which sparked discussions in the crypto community about quantum computing attacks. Bitcoin dropped from around $100,000, nearing the $94,000 mark at one point, while altcoins generally fell by about 20%, marking the largest declines in the recent market. As of the time of writing, Bitcoin hovered around $97,000.In the forex commodities sector, the U.S. dollar index rose to a one-week high, marking its third consecutive day of gains; geopolitical risk aversion and market bets on a Federal Reserve rate cut next week boosted gold prices, with spot gold rising over 1% to test $2,700; the easing of the situation in Syria and potential stimulus measures from major emerging markets supported market confidence, stabilizing oil prices.The current market is focused on the U.S. November CPI data to be released tonight at 21:30, which will significantly influence the Federal Reserve's interest rate path during its meeting on December 17-18. CME's FedWatch tool shows that traders believe there is an 86% chance of a rate cut next week. eeee.com is a financial trading platform that supports assets such as cryptocurrencies, stock indices, commodities like gold, and forex, recently launching a USDT stablecoin financial product with an annualized yield of 5.5%, providing investors with potential hedging options. 4E reminds you to pay attention to market volatility risks and to allocate assets wisely.

4E: The US stock and cryptocurrency markets remain active, with this week's CPI data being crucial for the Federal Reserve's interest rate cut in December

ChainCatcher news, data released last Friday showed that non-farm employment was better than expected, and the unemployment rate slightly increased, reinforcing expectations for a rate cut in December, with the market estimating the likelihood of a rate cut in December rising to around 85%.According to 4E monitoring, last week, the surge in tech stocks pushed major U.S. stock indices to new highs, with the Nasdaq soaring over 3%, and the S&P 500 index rising nearly 1%. Both the Nasdaq and S&P reached new historical highs, while the Dow Jones was the only index to decline, falling about 0.5%.The cryptocurrency market is booming, with Bitcoin spot ETF funds experiencing a net inflow for a consecutive week, totaling nearly $2.8 billion. The market capitalization of stablecoins increased by $3.9653 billion, a growth of 2.56%. The strong inflow of funds led to Bitcoin breaking through the $100,000 mark and ETH surpassing the $4,000 level, with altcoins experiencing a comprehensive rally, resulting in several mainstream coins doubling in value. Currently, Bitcoin is consolidating around $100,000, providing opportunities for altcoins.In the forex commodities sector, the U.S. dollar continued to strengthen last week. After the non-farm data was released, the dollar significantly dropped but eventually turned upward, accumulating a weekly gain of 0.22%. The rise of the dollar limited the upward space for gold prices, but expectations of a rate cut provided support for prices, causing gold to fluctuate within a narrow range, with overall market sentiment being cautious. Oil prices fell for three consecutive days last week due to concerns over oversupply, with West Texas Intermediate crude oil dropping 1.17% for the week and Brent crude oil declining 1%.Recent data suggests that the progress of U.S. anti-inflation efforts may be stalling, and the CPI data to be released this Wednesday will be a determining factor for the Federal Reserve's interest rate decision this month. The market expects an approximately 85% chance of the Federal Reserve cutting rates by 25 basis points on December 18. However, expectations for fewer rate cuts next year are continuing to strengthen.Additionally, as the year-end approaches, large investment institutions are facing portfolio rebalancing to accommodate year-end reporting and tax issues, which may create a short-term liquidity shock in the U.S. stock market, potentially being the largest adverse factor in the near term, expected to suppress risk assets. eeee.com is a financial trading platform that supports assets such as cryptocurrencies, stock indices, gold commodities, and forex, recently launching a USDT stablecoin financial product with an annualized yield of 5.5%, providing investors with potential hedging options. 4E reminds you to pay attention to market volatility risks and to allocate assets reasonably.

4E: CPI fully met expectations, easing market concerns about a slowdown in the pace of interest rate cuts

ChainCatcher news, the U.S. October CPI data released last night fully met market expectations, causing little stir in the market. However, the data performance has increased market confidence that the Federal Reserve will cut interest rates again next month, with the probability of a 25 basis point cut in December rising from about 58% earlier on Wednesday to around 80%.According to 4E monitoring, U.S. stocks showed volatility on Wednesday, with the three major indices collectively turning negative at the start, then rebounding to rise, but significantly narrowing gains by the end of the day, with the Nasdaq closing down 0.26%, the S&P 500 slightly up 0.02%, and the Dow Jones up 0.11%. The "Tech Seven Sisters" had mixed performances, and most cryptocurrency concept stocks retreated.The cryptocurrency market regained momentum after a brief pullback. Bitcoin broke through the important $90,000 mark last night, reaching a high of $93,265, then retreated after hitting a new historical high, and as of the time of writing, it was at $89,586. Bitcoin's market capitalization has now surpassed Saudi Aramco, making it the seventh largest asset in the world. Meme coins continue to rise, leading various sectors and becoming the focus of investors' attention.In the forex and commodities sector, after the CPI release, the dollar index initially fell and then rose, reaching a 13-month high since October last year, putting pressure on other currencies, with the offshore yuan falling below 7.25 yuan. Oil prices rebounded on Wednesday, closing up over 0.45%, lingering at two-week lows. The rise in the dollar and U.S. Treasury yields pressured gold prices to decline for the fourth consecutive trading day, hitting a near two-month low.The CPI data, which was in line with expectations, increased the probability of another rate cut by the Federal Reserve in December and helped to some extent alleviate market concerns about inflation prospects following a potential Trump victory. Currently, the market is focused on Thursday's PPI and weekly initial jobless claims, Friday's retail sales data, and comments from Federal Reserve Chairman Powell and other Fed officials. eeee.com is a financial trading platform that supports assets such as cryptocurrencies, stock indices, commodities like gold, and forex, recently launching a USDT stablecoin financial product with an annualized yield of 5.5%, providing investors with potential hedging options. 4E reminds you to pay attention to market volatility risks and to allocate assets wisely.
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