Golden Finance reported that QCP Capital’s analysis stated that everyone’s attention is focused on tonight’s US CPI data. Under the impetus of the Fed’s rate cut, weak CPI may support the recovery of stocks and other risk assets such as Criptomoneda. Last night’s US PPI data softened, and the market expects the Fed to cut rates by 50 basis points in September. The probability of 50 basis points is currently 52.5%, while the probability of 25 basis points is 47.5%. With continuous inflows of ETFs and BlackRock’s buying on dips last week, Criptomoneda seems to have relatively good support. However, due to the absence of major catalysts, a significant breakthrough is not expected until the fourth quarter.
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QCP Capital: Si los datos de CPI de Estados Unidos son débiles, podrían respaldar la recuperación de activos de riesgo como Criptomoneda.
Golden Finance reported that QCP Capital’s analysis stated that everyone’s attention is focused on tonight’s US CPI data. Under the impetus of the Fed’s rate cut, weak CPI may support the recovery of stocks and other risk assets such as Criptomoneda. Last night’s US PPI data softened, and the market expects the Fed to cut rates by 50 basis points in September. The probability of 50 basis points is currently 52.5%, while the probability of 25 basis points is 47.5%. With continuous inflows of ETFs and BlackRock’s buying on dips last week, Criptomoneda seems to have relatively good support. However, due to the absence of major catalysts, a significant breakthrough is not expected until the fourth quarter.