Post
Bullish

CPI countdown! The Fed is setting another test on November 10—who will change course first: BTC, U.S. stocks, or gold?



What does the crypto market fear most? Not a market drop, but making money before bed and waking up to find the market has already changed its face! 😂
On November 10, the U.S. October CPI report is about to be released, bringing another major test for the market.
September CPI rose 3.7% year over year, while core CPI rose 2.6%. This time, the market is focused on whether inflation has continued to cool.
If CPI comes in below expectations, markets may start betting on rate cuts again. Treasury yields and the dollar could face downward pressure, while BTC and U.S. stocks may get a sentiment boost, and gold could also benefit from falling real interest rates.
But if CPI once again exceeds expectations, the script could flip in an instant: rate-cut expectations may cool, Treasury yields could rise, BTC and U.S. stocks may come under pressure, and gold could also face a short-term pullback.
Of course, gold has safe-haven appeal and may follow a different path amid geopolitical risks.
What’s truly worth watching this time is not just the headline CPI figure, but also core CPI and how much of the expectations the market has already priced in.
On November 10, the market may be in for another high-drama show!
Do you think this report will boost rate-cut hopes, or will inflation pour cold water on the market again? #CPI数据前瞻
View Original
This page contains third-party content and does not constitute any advice, nor does it represent Gate's endorsement of such views. For details, please see disclaimer.
BTCBTC-0.67%
GLDXGLDX-0.40%
PAXGPAXG+0.37%


Add a comment
Add a comment

Comment 14
Spicy hand coins
Which Creator of the Year are you backing? 🏆
Spicy hand coins
Who are you backing for Creator of the Year? 🏆
Spicy hand coins
Who are you backing for Creator of the Year? 🏆
Spicy hand coins
Which creator are you backing for Creator of the Year? 🏆
Spicy hand coins
Who are you backing for Creator of the Year? 🏆
Spicy hand coins
Which creator are you backing for Creator of the Year? 🏆
Spicy hand coins
Who do you think will be Creator of the Year? 🏆
Spicy hand coins
Who do you think will be Creator of the Year? 🏆
Spicy hand coins
Who do you favor for Creator of the Year? 🏆
Spicy hand coins
Which creator are you bullish on this year? 🏆
Spicy hand coins
Who are you backing for Creator of the Year? 🏆
Spicy hand coins
Who do you favor for Creator of the Year? 🏆
Spicy hand coins
Who are you rooting for as Creator of the Year? 🏆
Spicy hand coins
Who are you bullish on for Creator of the Year? 🏆