Market Update presented by our Bitcoin Suisse #TradingDesk: Volatility Ahead.
11 Sep 2023, 09:50
Market Update presented by our Bitcoin Suisse #TradingDesk: Volatility Ahead? š
š The low-volume, low-volatility #market environment persisted during the past week, and this week was kicked off in a similar fashion.
š This week might experience more price action, as the U.S. Bureau of Labor #Statistics will release the Consumer Price Index #CPI for August on Wednesday, September 13th.
š The consensus #expectation on the YoY-Inflation is currently at 3.6%, which is a 40bps #increase to the July numbers.
š The potential rise in #inflation is fueled by increasing #oil prices, which in turn, can impact the market expectations for further rate #hikes in the coming months.
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