#CryptoCPIWatch

If inflation rises, it is positive for the dollar (up) and negative for gold, stocks, and oil (down).

• If inflation readings decrease or remain unchanged, it is negative for the dollar (down) and positive for gold, stocks, and oil (up).

Banks expect the Consumer Price Index (CPI) report for April to show that inflation was slightly stronger than the previous month (which was very low).

They expect the core inflation index to rise by 0.26% during the month, while the general inflation index is expected to rise by 0.25% during the month, and the annual rate is expected to decline to 2.3% — the lowest level in four years.