π¨ June 2026 CPI β Softer Than Expected (Data out today)
π Headline CPI
β’ MoM: -0.4% (biggest drop since Apr 2020)
β’ YoY: 3.5% (vs ~3.8% expected, down from 4.2%)
π Core CPI (ex-food/energy)
β’ MoM: 0.0%
β’ YoY: 2.6% (down from 2.9%)
π₯ Main driver: Energy prices plunged -5.7% (gasoline -9.7%)
Markets rallying on lower rate hike odds ahead of July Fed meeting. One cool print helps, but Chair Warsh warns it's not mission accomplished yet.
Whatβs your read? Pivot or patience? π
π Headline CPI
β’ MoM: -0.4% (biggest drop since Apr 2020)
β’ YoY: 3.5% (vs ~3.8% expected, down from 4.2%)
π Core CPI (ex-food/energy)
β’ MoM: 0.0%
β’ YoY: 2.6% (down from 2.9%)
π₯ Main driver: Energy prices plunged -5.7% (gasoline -9.7%)
Markets rallying on lower rate hike odds ahead of July Fed meeting. One cool print helps, but Chair Warsh warns it's not mission accomplished yet.
Whatβs your read? Pivot or patience? π
π $BTC & $ETH reacting to cooler CPI
June inflation 3.5% (beat 3.8% exp) β $BTC blasts past $64K, $ETH eyeing $1900.
Shorts liquidated, rate cut hopes back on. π
June inflation 3.5% (beat 3.8% exp) β $BTC blasts past $64K, $ETH eyeing $1900.
Shorts liquidated, rate cut hopes back on. π
π° Inflation cooling provides relief despite Middle East volatility
June's Consumer Price Index rose 3.5% year-over-year, coming in softer than the expected 3.8% and cooling significantly from May's 4.2% rate.
This disinflationary data, driven partly by a retreat in energy prices last month, has fueled investor hopes that the Federal Reserve may adopt a less hawkish stance in its upcoming policy meetings.
June's Consumer Price Index rose 3.5% year-over-year, coming in softer than the expected 3.8% and cooling significantly from May's 4.2% rate.
This disinflationary data, driven partly by a retreat in energy prices last month, has fueled investor hopes that the Federal Reserve may adopt a less hawkish stance in its upcoming policy meetings.
π¨πΊπΈ Big moment for crypto regulation: Fed Chair Kevin Warsh just confirmed the Fed is βracingβ to meet Saturdayβs deadline under the GENIUS Act, the first comprehensive U.S. stablecoin law.
Rules will cover oversight, custody, and banking integration for payment stablecoins.
After a year since signing, clarity is finally coming. This is how digital assets move into the mainstream.
https://x.com/i/status/2077099408790102175
Rules will cover oversight, custody, and banking integration for payment stablecoins.
After a year since signing, clarity is finally coming. This is how digital assets move into the mainstream.
https://x.com/i/status/2077099408790102175
β’οΈ Lucid $LCID stock just went crazy today: dropped 58% on a bankruptcy rumour, then rocketed back up 94% from the lows when the company denied it. All in minutes on unconfirmed info.
This kind of move screams possible manipulation or insider trading. Regulators need to check who made a fortune today.
This kind of move screams possible manipulation or insider trading. Regulators need to check who made a fortune today.
π BIG MOVE from Wall Street: Morgan Stanley ($9T+ AUM) just updated its S-1 filings for spot Ethereum & Solana ETFs, ultra-low 0.14% fees, staking included, tickers $MSSE & $MSOL locked in.
Institutional capital loading up? $ETH & $SOL about to see fresh inflows?
https://x.com/i/status/2077190494799704417
Institutional capital loading up? $ETH & $SOL about to see fresh inflows?
https://x.com/i/status/2077190494799704417
π¨π³ JUST IN: Al startup @deepseek_ai is gearing up for a mainland China IPO, targeting a 2027 listing.
@Bloomberg reports it's also in talks to raise new funds at a ~$71B valuation.
The company plans to launch its V4 model this month and is building its own Al chips to cut reliance on outside suppliers.
At this valuation, it would be China's most valuable Al firm heading public.
@Bloomberg reports it's also in talks to raise new funds at a ~$71B valuation.
The company plans to launch its V4 model this month and is building its own Al chips to cut reliance on outside suppliers.
At this valuation, it would be China's most valuable Al firm heading public.