Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 40+ AI models, with 0% extra fees
🚨 US CPI returns to the highest level since May 2023
📌 April CPI increased +3.8% YoY (higher than the forecast +3.7%) and surged compared to +3.3% last month.
Month-on-month, CPI +0.6% MoM, slightly lower than last month's +0.9% in March but still quite high compared to the average.
📌 Core CPI +2.8% YoY also higher than the forecast +2.7% (last month +2.6%).
Month-on-month, Core CPI +0.4% MoM, higher than the forecast +0.3% and double the +0.2% of March.
📌 It's no surprise that the largest contribution comes from energy. The BLS recorded energy prices up +3.8% MoM (gasoline 5.4%, electricity +2.1%, heating oil +5.8%).
Yearly, energy increased +17.9% YoY, with gasoline alone up 28.4% YoY.
📌 Services and housing also increased: Shelter +0.6% MoM, rent and owners’ equivalent rent both +0.5% MoM.
Inflation has spread beyond energy issues with very broad price pressures. The energy price shock has transmitted to transportation costs, food, and services.
📌 For the Fed, of course, this is terrible data. The headline CPI has returned close to 4%, while housing no longer slows down as expected. The market may still favor the story of cutting interest rates, but inflation does not support that.