Quick Update: CPI Data Release

 CPI Data is coming up




CPI data is coming up. You may observe that the market is pulling back. I'm holding my horses for now. I'm waiting for the release of data.

Follow us on Tiktok, Facebook & Instagram.

Facebook: https://www.facebook.com/share/1EHvnba9fG/

Tiktok: https://www.tiktok.com/@wisermoneyblog?_t=ZS-8sArxgKa6K2&_r=1


What is CPI?


The Consumer Price Index (CPI) is a widely used economic indicator that measures the average change in the prices of consumer goods and services over time. It's a key indicator of inflation, and is closely tracked by policymakers, businesses, financial markets, and consumers. It's a key indicator of inflation, and is closely tracked by policymakers, businesses, financial markets, and consumers.

How CPI Data Affects Crypto or Stock Market?


We expect cryptocurrency is a hedge against inflation. Inflation data along with consumer spending is released during CPI data release. However, during uncertainty like incoming release of economic data, some investors sell their stakes during these times then come back after results are released. This causes pullbacks or reduced prices for cryptocurrency.


Comments

Post a Comment

Must Read

Human Emotions: The Role of Fear and Greed in Investment Decisions: A Costly $4.4M Lesson

Image
The Role of Fear and Greed in Investment Decisions: A Costly $4.4M Lesson The financial and market information provided on wisemoneyai.com is intended for informational purposes only. W isemoneyai.com is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Follow us on Social Media: Tiktok: @wisermoneyai Youtube: @wisermoneyai FB: bit.ly/3BSan4Y  Fear and greed are powerful emotions that often drive investment decisions, sometimes leading to significant missed opportunities. In a striking example, a trader sold 46.5 million $AGiXT tokens early for just $6,284, only to watch their potential profit soar to an astonishing $4.4 million later. This case highlights the delicate balance between risk tolerance, emotional control, and strategi...
Read more

Market Update: Stocks Move Sideways as Nasdaq Holds Key Support

Image
 Market Update: Stocks Move Sideways The financial and market information provided on wisemoneyai.com is intended for informational purposes only. Wisemoneyai.com is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. FBS Forex Broker Online: Trade and Grow with FBS Start your trading journey with FBS Trading Platform. The stock market is experiencing a period of consolidation, with major indices moving sideways amid mixed economic signals.   Nasdaq Holds 200-Day Moving Average   The Nasdaq Composite has found support at its 200-day moving average, a critical technical level that traders closely monitor. This support suggests that, despite recent selling pressure, the index is maintaining a long-term bullish structu...
Read more

Smart Trading: A Strategic Approach to Passive Income

Image
 Smart Trading: A Strategic Approach to Passive Income The financial and market information provided on wisemoneyai.com is intended for informational purposes only. W isemoneyai.com is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Start your trading journey with FBS Trading Platform. Follow us on Social Media: Tiktok: @wisermoneyai Youtube: @wisermoneyai FB: bit.ly/3BSan4Y  Trading as a Passive Income Opportunity Trading is often seen as an attractive source of passive income. It requires affordable capital and varies in experience level depending on the trade setup you choose. Whether you’re trading stocks, cryptocurrency, or forex, there are two crucial factors to determine before entering a trade: your profit target and...
Read more