Post
felipelopoz
Wholesale prices came in hot on the yearly gauge (5.4% vs 5.3% forecast) while the underlying monthly measure actually undershot (0.2% vs 0.3%). Mixed signal, not a clean beat.
Markets read it hawkish anyway — odds of a hike next week jumped from ~60% to ~70%, yields pushed higher across the curve.
$BTC $ETH felt it immediately. First reaction rarely holds though.
Real confirmation comes from tomorrow's consumer print. Stay nimble, don't overcommit early.
#OracleAdobeToday #PPIandCPIWatch
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