US CPI data will be announced in 10 minutes.
Hoping for the expected numbers or lower than 2.8%, making the september FED rate cuts that much more likely.
Hoping for the expected numbers or lower than 2.8%, making the september FED rate cuts that much more likely.
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2.7% which is good, but unfortunately the core CPI (CPI with food and energy removed) is higher than expected which isn‘t optimal and puts the FED is a tough spot.
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Fed might be in a tough spot but I guess us degens couldnt care less lol
ETH 4,400$
ETH 4,400$
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Another big deciding week ahead for us. the market is pessimistic right now on whether positive news will come
- Wednesday we got the FOMC insights
- Thursday through to Saturday is key with the Speech of our lovely baby boy Powell
- We also got the jobless claim numbers and earning from retailers like Walmart and Target which will show the effects of the tariffs
hoping some magic happens🪄
- Wednesday we got the FOMC insights
- Thursday through to Saturday is key with the Speech of our lovely baby boy Powell
- We also got the jobless claim numbers and earning from retailers like Walmart and Target which will show the effects of the tariffs
hoping some magic happens
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FED is playing some strange games.
First they hint at us that rates might not be cut by saying inflation is more important to them than the unemployment rates (no rate cuts better for lowering inflation), leading to the dip.
Now Powell is saying rate cuts might be warranted, leading to a big spike.
seems like the rate cuts are back on the table, big time.
First they hint at us that rates might not be cut by saying inflation is more important to them than the unemployment rates (no rate cuts better for lowering inflation), leading to the dip.
Now Powell is saying rate cuts might be warranted, leading to a big spike.
seems like the rate cuts are back on the table, big time.
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BNB new ATH of 900, Eth up 14% and 100% volume increase in 24h, everything else up 10%+, short traders getting penetrated from behind.
People clearly have money waiting to be thrown at the market.
IF rates are cut and everything goes well, we will see a big fat bullrun and none uf us will be monetarily challenged anymore.
touch wood and don‘t jinx it.
People clearly have money waiting to be thrown at the market.
IF rates are cut and everything goes well, we will see a big fat bullrun and none uf us will be monetarily challenged anymore.
touch wood and don‘t jinx it.
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Another important day for the rate cut fanatics
Today is Payroll day. We‘ll be hearing how many job were added/lost in August.
Expectations are ~ 70,000 - 100,000 added. If lower than expectations rate cuts 100% inbound.
Today is Payroll day. We‘ll be hearing how many job were added/lost in August.
Expectations are ~ 70,000 - 100,000 added. If lower than expectations rate cuts 100% inbound.
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22,000 added in August far bellow expectations…
unemployment rate also rose a little
US labor market is in shambles
unemployment rate also rose a little
US labor market is in shambles
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The US job market is incredibly weak, as shown in todays job revision.
In two days the CPI will be released. expected is 2.9%. If by some miracle it is lower than the 2.7% from July, we might see a big green spike, with higher chances for a larger rate cut.
I'm holding out on any big trades until then. with all these statistics coming out, the market is too volatile.
In two days the CPI will be released. expected is 2.9%. If by some miracle it is lower than the 2.7% from July, we might see a big green spike, with higher chances for a larger rate cut.
I'm holding out on any big trades until then. with all these statistics coming out, the market is too volatile.
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With the PPI being much lower than expected, we saw a nice little pump today. Important will be tomorrow.
The chances of a 50bps cut shot up more than double and is now 19%.
Important will be the CPI tomorrow. If they are also lower than expected, that is extremely bullish and we‘ll see more green.
The chances of a 50bps cut shot up more than double and is now 19%.
Important will be the CPI tomorrow. If they are also lower than expected, that is extremely bullish and we‘ll see more green.
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