U.S. CPI: +2.4% YEAR-OVER-YEAR (EST. +2.5%)
U.S. CORE CPI: +2.8% YEAR-OVER-YEAR (EST. +3.0%)

CPI breakdown

US EGGS PRICES ROSE 60.4% COMPARED WITH A YEAR AGO: ANALYST

Inflation below expectations. DXY going sub 100. Global M2 surging.

Bank of England's Breeden: It is very unclear what overall landscape will be for tariffs in medium term. US tariffs are biggest change in trade policy in a century.

Russian Central Bank Gold/forex reserves $658bn in latest week vs $645.6bn in previous week.

Trump: Biggest Tax cuts in USA history are getting close -tweet

For the first time since May '20, inflation declined MoM. This will make it easier for the Fed to cut the FFR, which should be positive for growth stocks and crypto.

Estimates based on Central Bank of Turkey data show its official (CB + Treasury) gold reserves rose by 1 tonne in March, lifting total official gold reserves to 624 tonnes.

There is a reasonable probability that absent some resolution/clarity, transparency could be compromised. Companies tend to shut down guidance amid uncertainty - BofA Q1 earnings season preview

SPX down 2.44%
NDX down 2.6%

Bessent is a gold bug according to his own words. If they fire Powell, gold to $4000

Bitcoin falls under $81k down 2% on the day [BTFD]

Bloomberg: The US imports more than $400 billion in Chinese goods each year; initiating a trade war under such conditions defies economic logic.

Gold poised for new ATH

BTFD

The SPX is as volatile as bitcoin now

JPM: As of 01 Apr 2025, our Chase Consumer Card spending data (unadjusted) was 4.7% above the same day last year. Based on the Chase Consumer Card data through 01 Apr 2025, our estimate of the US Census March control measure of retail sales m/m is 0.40%.

BofA: March card spending per household was up 1.1% year-over-year (YoY), according to Bank of America aggregated credit and debit card data. Seasonally-adjusted card spending per household rose 0.2% month-over-month (MoM).