🎯THE BIG NUMBER ARRIVES August CPI lands today and could heavily influence the Fed’s next move.
🔥INFLATION HAS A NEW PROBLEM Oil above $100 is adding fresh pressure to the inflation outlook.
🏦RATE-HIKE BETS ARE RISING After yesterday’s PPI, markets are pricing around a 71% chance of a September hike.
📈BONDS ARE ON EDGE The 10-year Treasury yield is approaching 5%, keeping pressure on risk assets.
🥇GOLD HAS A SPLIT SIGNAL Geopolitical risk supports gold, while rising yields remain a headwind.
₿ BITCOIN IS WATCHING THE PRINT A hotter CPI could strengthen rate-hike expectations and pressure crypto, while a softer number could ease that pressure.
⚖️THE FED GETS ITS SIGNAL Markets expect roughly 0.4% headline and 0.2% core monthly inflation.