Happy 8th Anniversary, @Binance! Thank you for the amazing swag and for being a game-changer in the crypto world 💛 Here’s to innovation, community, and many more years ahead! 🚀
CPI - Headline YOY Previous - 3.3% Expected - 3.8% Current - 3.8% CPI Core YOY Previous - 2.6% Expected - 2.7% Current - 2.8% As expected, for Headline inflation. Higher than expected for Core. Negative but I don't think the situation is that bad. We will see how Crypto react.
Iran sent a new proposal to U.S. negotiators, centered on ending the monthslong conflict. Trump dismisses Iran's peace proposal response. Trump said, "I don't like it — TOTALLY UNACCEPTABLE!" Brent oil tops $103 as a result. Israel warned that the conflict with Iran is not over. Citi warned risks remain skewed upward for oil prices. WTI and Brent are both up around 40% since the U.S. and Israeli-led war against Iran started on Feb. 28. Nonetheless, some market watchers expect U.S. markets to remain resilient despite the uncertainty. Markets are bracing for impact.
THE EMPLOYMENT SITUATION - APRIL 2026 Total nonfarm payroll employment edged up by 115,000 in April, more than expected, and the unemployment rate was unchanged at 4.3 percent, the U.S. Bureau of Labor Statistics reported today. Nonfarm payrolls were expected to increase by 55,000 in April, according to the Dow Jones consensus. Job creation was better than expected in April. Job gains occurred in health care, transportation and warehousing, and retail trade. Federal government employment continued to decline.
DYDX, the swing trade I shared yesterday has been doing alright and is headed towards the 1 to 1.5 mark. Set your stop loss to break even to reduce risk.