A bigger one is coming!
Tonight, the U.S. Department of Labor will unveil the CPI data for March, along with the latest number of initial jobless claims. Once these two pieces of data are released, it will be clear how the Federal Reserve's monetary policy will proceed and how the global financial markets will react.
Let's first review last month; the CPI was 2.8%. This time, the market is predicting it to be 2.6%. Goldman Sachs in the financial circle mentioned that the surge in auto insurance costs might be a significant factor in this CPI change, while the impact of tariff policies can be basically ignored.
If the CPI data is higher than expected, the anticipation for interest rate hikes may arise again, and the global financial markets are likely to experience turbulence. Conversely, if the CPI is lower than expected, risk assets like Bitcoin and Nasdaq might see a wave of increases.
Once the data is released, how to quickly grasp the market direction and determine if it will rise or fall? Recently, it's mainly been internal sharing, with immediate interpretations; opportunities are always left for those who are prepared.
