8:30 pm: The announcement of the annual rate of US PPI

PPI is an important indicator to measure price changes in the production link, and its annual rate changes can directly reflect the changes in production costs. If the annual rate of PPI is higher than expected, it may indicate an increase in production costs, which may be transmitted to the consumer end, pushing up inflation expectations. This is usually not conducive to risky assets, including cryptocurrencies, because high inflation may prompt central banks to tighten monetary policy, increase borrowing costs, and reduce market liquidity.

If the data exceeds expectations, it may trigger risk aversion in the market, causing investors to withdraw funds from risky assets and turn to safer currencies

As for the impact on the trend of currency prices, comprehensive analysis is still needed. We also grasped the CPI news yesterday very accurately and took down 10,000 oil. What will be the trend tonight? You can discuss with each other. #美降息25个基点预期升温 #美国8月核心CPI超预期 #BTC☀ #BTC突破7万大关