Trump reinstated the Hormuz blockade, sending oil higher and rate-hike bets up, reversing the peace trade that helped bitcoin recover in early …
CPI
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Finance
BlackRock warns of energy shock as May CPI is set to show acceleration in inflation
by shayaanby shayaanBlackRock is closely watching Wednesday’s May U.S. inflation report for the first clear signal of how the U.S.-Iran conflict is feeding into …
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Markets
Bitcoin back above $81,000 after hot CPI print, BNB, DOGE lead majors gains
by shayaanby shayaanBitcoin rolled back to $81,200 after dipping to $79,800 on Tuesday’s hotter-than-expected U.S. inflation reading, while BNB zoomed 2.5% over 24 hours …
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As expected, U.S. inflation accelerated last month, driven mostly by rising energy costs linked to the Middle East conflict. Core prices, though, …
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Markets
Institutions' bitcoin positioning lacks conviction; CPI, Iran talks might help
by shayaanby shayaanInstitutions are betting on the bitcoin price hitting $80,000 through call options, but they are also buying downside protection. www.coindesk.com
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Markets
XRP steadies near $1.38 as Bollinger squeeze hints at breakout before CPI
by shayaanby shayaannvestors are closely watching the upcoming U.S. Consumer Price Index release, which could influence Federal Reserve policy expectations and risk appetite. www.coindesk.com
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Markets
Bitcoin's Coinbase Premium Indicator Shows Overseas BTC Buyers Taking the Lead Ahead of CPI Release
by shayaanby shayaanBitcoin’s (BTC) Coinbase premium indicator, which measures the spread between BTC’s dollar-denominated price on the Coinbase exchange and tether-denominated price on Binance, …
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Markets
Bitcoin May See Gains from Soft U.S. CPI, Major Risk-On Surge in BTC Appears Unlikely
by shayaanby shayaanA soft U.S. inflation report later Wednesday will likely bode well for risk assets, including bitcoin (BTC). But those expecting bullish fireworks …
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Markets
US CPI & PPI Report, Powell’s Testimony Might Set Crypto Market’s Trend
by shayaanby shayaanNext week is important for the crypto market because a few major events are happening. These include the release of the CPI …
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This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. Markets got a pre-CPI treat on Tuesday in …