By Hassan Shittu Key highlights: Bitcoin entered “Uptober” at ~$83,823, with historically Bitcoin gains in 10 of 13 October, and 4 of 5 green Septembers followed by positive Octobers. The 10-year Treasury yield hit 5.304%, the 30-year reached 5.632%, and Fed rate hike odds for Oct. 27-28 sit at ~70% with the Oct. 2 jobs […]
Tag: CPI
By Hassan Shittu Key highlights: August CPI matched at 3.4% YoY, but core came in at +0.3% MoM, pushing Sept. Fed hike odds to 87% Brent at $105 and U.S. diesel hitting $6/gallon complicate the Fed’s call as energy drove 1/3 of August’s monthly CPI gain, with gasoline up 27.4% YoY Bitcoin recovered to $79K […]
By admin The August US nonfarm payrolls report delivered a significant upside surprise, with employment rising by approximately 162,000 jobs against consensus estimates that had called for a much smaller gain of around 50,000 to 65,000. The unemployment rate held steady at 4.1 percent while labor force participation edged higher, painting a picture of a […]