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
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
Replies
No comments yet. Be the first to reply!
Trending crypto
BTC/USDTBitcoin
$86,237.1+0.01%
ETH/USDTEthereum
$2,719.81+0.01%
SOL/USDTSolana
$121.05+0.00%
Today’s market buzz
1#FedSeptemberMinutes
2#HormuzStillClosed
3#OKXNOW:LiveTomorrow
