The United States will release the May CPI data tonight at 20:30. Please pay attention to market fluctuations.
At 20:30 tonight ( UTC+8, the United States will announce the seasonally adjusted CPI year-on-year rate for the end of May, which is expected to be 2.5%, up from the previous value of 2.3%. The current market is still dominated by trade relations. The Federal Reserve will continue to hold steady until the uncertainty in trade relations dissipates or the labor market shows significant deterioration. BTC has pulled back after breaking 110,000 in the morning for two consecutive days. If the CPI data comes in below expectations, it could act as a catalyst for BTC to challenge its historical highs.
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The United States will release the May CPI data tonight at 20:30. Please pay attention to market fluctuations.
At 20:30 tonight ( UTC+8, the United States will announce the seasonally adjusted CPI year-on-year rate for the end of May, which is expected to be 2.5%, up from the previous value of 2.3%.
The current market is still dominated by trade relations. The Federal Reserve will continue to hold steady until the uncertainty in trade relations dissipates or the labor market shows significant deterioration. BTC has pulled back after breaking 110,000 in the morning for two consecutive days. If the CPI data comes in below expectations, it could act as a catalyst for BTC to challenge its historical highs.