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4E: PPI data is lower than expected, US stocks fluctuate and the crypto market rebounds, pay attention to tonight's CPI data
Editor
2025-01-15 12:02 2,637
According to news on January 15, according to 4E Monitoring, the PPI data released on Tuesday dropped modestly and was lower than market expectations, showing that inflation in the United States did not increase further, which eased the nervousness of the market. According to 4E monitoring, the U.S. stock market staged a "roller coaster" last night. PPI data stimulated the U.S. stock market to surge higher at the beginning. After several shocks, only the Nasdaq closed down 0.23% among the three major indexes, the S&P 500 closed up 0.11%, and the Dow rose 0.52 %. Large technology stocks generally fell, with Nvidia falling for five consecutive days, with a cumulative decline of 12%. Encryption concept stocks all rose, with Coinbase rising 1.66% and MSTR rising 4.19%. The crypto market rebounded collectively. On Monday, Bitcoin fell below US$90,000, and ETH fell below US$3,000, hitting its lowest point in nearly two months. Then it quickly pulled up in a V-shaped reversal. Before and after the PPI data was released last night, Bitcoin briefly It quickly exceeded US$97,000. Although selling pressure subsequently emerged, it still stood above US$97,000 at the time of writing and continued to fluctuate within a narrow range at the high point. After the recent popular narrative AI agent concept coin experienced a sharp correction, it also ushered in a strong rebound and led other sectors. In terms of foreign exchange commodities, the U.S. dollar index fell by about 0.7%, basically erasing the gains after the release of non-farm payrolls data last Friday; oil prices are expected to ease due to the conflict in the Gaza Strip, and investors profited after U.S. oil rose 6.6% in the past two trading days Due to factors such as settlement, U.S. oil fell nearly 1.8%, leaving its five-month high. The increase in U.S. PPI inflation was less than expected, and the lower U.S. dollar supported a slight rise in gold prices, with spot gold rising nearly 0.6%. This week's first inflation data brought faint hopes that the Federal Reserve would continue to cut interest rates, but failed to provide a clear signal. The CPI released at 21:30 tonight became the focus of the market, and investors expected that the data would provide more information on the prospects for interest rate cuts this year. Clear guidance. In the context of rising inflation concerns and uncertainty about the Federal Reserve's actions, market concerns are strong, and the risk of severe market fluctuations around the release of CPI data has intensified. eeee.com is a financial trading platform that supports cryptocurrencies, stock indexes, bulk gold, foreign exchange and other assets. It recently launched a USDT stablecoin financial product with an annualized return of 5.5%, providing investors with potential hedging options. 4E reminds you to pay attention to market fluctuation risks and allocate assets reasonably.
Keywords: Bitcoin
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