CPI Cools to 3.4% But Core PCE Warns Fed Isn't Done Yet
July CPI eased to 3.4%, cutting September rate hike odds to 34%, but Core PCE remains stubbornly high near 3.3%, keeping inflation risks alive for stocks and the Fed.
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July CPI eased to 3.4%, cutting September rate hike odds to 34%, but Core PCE remains stubbornly high near 3.3%, keeping inflation risks alive for stocks and the Fed.
Bitcoin trades sideways as CPI/PPI data meets expectations without sparking rally. ETF outflows, high liquidations, and weakening support signal caution, though some analysts see bottom nearing.
July core CPI rose 2.5% annually, near Fed's 2% target but still elevated amid oil-driven inflation pressures. Markets expect a possible Fed rate hike before year-end, pushing mortgage rates near 6.7…
US equity futures inched higher after July CPI matched forecasts, with traders awaiting PPI and jobless claims data. Oil prices fell amid US-Iran tensions over the Strait of Hormuz, while Fed officia…
Gold hovers above $4,400 for a fourth straight day as cooling CPI data reduces expectations of a September Fed rate hike, with today's PPI report seen as a key signal for the Fed's next move.
BTC trades near $64,051 post-CPI as ETF inflows support demand, though long-term holder supply dipped and Hyperliquid whale positions show mixed long/short exposure with slight bearish tilt.
Gold futures hold above $4,400 for a fourth day as cooling CPI data reduces expectations of a September Fed rate hike. Traders await today's PPI report for further clarity on the Fed's next move.
S&P 500 futures edged higher premarket after in-line CPI data, with focus shifting to PPI. BlackRock stays overweight U.S. equities citing AI-driven earnings growth, though geopolitical tensions with…
Gold prices dip 0.8% to $4,433.80 after in-line U.S. CPI data reinforced expectations of a Fed rate hold in September. Despite the daily pullback, gold remains up 3% for the week, with traders now ey…
Gold retreated 0.5% from a two-month high after soft U.S. CPI reduced rate-hike odds, though hawkish Fed tone and elevated energy costs triggered profit-taking. Oil trends higher on Hormuz supply con…
US futures flat as Strait of Hormuz tensions keep oil elevated ahead of key inflation data. Premarket movers include Riot Platforms surging on AI data center deal, while On Holding and Rocket Lab tum…
Argus technical report signals bullish intermediate-term market outlook as Q2 earnings season wraps up. Investor focus shifts to upcoming July CPI inflation data as key catalyst for market direction.
US stock futures were muted as markets await CPI data and monitor easing Iran-Hormuz tensions. Oil ticked higher, Fed remains divided on rates after weak jobs data, with AI infrastructure earnings ah…
Weak US jobs data eased Fed rate hike bets, weakening the dollar and lifting EM stocks and currencies. Oil rose on Iran-Oman tension and a Houthi attack on a Saudi refinery, with Brent above $84.
Rising oil prices and stubborn inflation suggest the Fed may hike rates again in September, shifting the narrative away from monetary easing. Markets are bracing for critical upcoming CPI and PPI rep…