Takeoff! CPI released!
Here it comes! US CPI is out! Why is the CPI lower than expected, and both Bitcoin and US stocks are rising?
Simple analysis:
CPI (Consumer Price Index) lower than expected ↓
[Right Arrow R] Inflation pressure weakens ↓
[Right Arrow R] Rate hike expectations weaken ↓ / Rate cut expectations rise ↑
[Right Arrow R] (Bond/Deposit yields + Safe-haven sentiment) decrease ↓
[Right Arrow R] Demand for risk assets increases ↑
[Right Arrow R] Risk asset prices rise 📈 We're taking off today! Join in and you can profit! Comment 111 for free entry!!! #CPI数据来袭 #币安Alpha上新 #加密市场反弹