The market has been sideways for a day, and the CPI rate is coming tonight!
This important inflation indicator directly affects the Federal Reserve's monetary policy and impacts global financial markets!
If it exceeds expectations, the dollar will weaken, U.S. Treasury yields will decrease, panic funds will seek safety, benefiting gold and cryptocurrencies!
If it is below expectations, it will be bullish for the dollar and U.S. Treasury yields, putting pressure on tech stocks in the U.S. stock market, delaying interest rate cut expectations, and bearish for cryptocurrencies!
The storm will be announced at 20:30 tonight, so be sure to manage risk and positions well!
