Markets Brace for US CPI Data as Dollar Steadies | Crypto Craft

  • Markets Brace for US CPI Data as Dollar Steadies

    From monetamarkets.com

    As market participants brace for the US CPI report, sentiment remains measured across asset classes. A softer inflation reading could fuel expectations for Fed rate cuts, supporting risk assets, while a hotter print may strengthen the Dollar and pressure commodities. With geopolitical storylines and central bank decisions also in play, volatility could pick up sharply once the data hits the wires. Gold is marginally higher, trading around $3,350–$3,355, as U.S. dollar bulls take a back seat ahead of the crucial U.S. CPI report. The metal rebounded from yesterday’s dip near $3,341, attracting bid support from ... (full story)

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axecap
Aug 12, 2025 4:36am
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Quoting Polimini
Unless it's fake, something that wouldn't be surprising coming from the Kingdom of Donald Trump, the inflation will continue to go higher and higher
From here on all figures are "fake"
Fake because Trump doesn't like them so says they are fake and someone gets fired, or fake because the figures get adjusted so no one gets fired. Least likely option is figures agree with Trump's fantasy and are actually real.
Polimini
Aug 12, 2025 3:38am
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Unless it's fake, something that wouldn't be surprising coming from the Kingdom of Donald Trump, the inflation will continue to go higher and higher
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Schultz
Aug 12, 2025 6:31am
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Whatever the number, I'm waiting for the usual 20 or 50 fake bots to ask "buy gold??".
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Trader#A306
Aug 12, 2025 6:32am
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With Trump twitter, US data is basically irrelevant.
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Trader#251A
Aug 12, 2025 7:16am
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Let's see if today someone will be fired after the CPI report is out
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