XT Research Institute reminds: The U.S. Department of Labor will release a number of CPI data at 20:30 today, which may affect the crypto market

Odaily Odaily News XT Research Institute reminds you to pay attention to macro data: On May 15, 2024 at 20:30, the U.S. Department of Labor will announce: U.S. April unadjusted CPI annual rate; U.S. April seasonally adjusted CPI monthly rate; U.S. April seasonally adjusted core CPI monthly rate; U.S. April unadjusted core CPI annual rate; Among them, the U.S. April unadjusted CPI annual rate has the greatest influence and is the most important. Expected impact: The market generally expects that the impact of U.S. CPI data will be transmitted to the U.S. dollar index, U.S. Treasury yields and interest rate cut expectations, which may be transmitted to risk markets and cryptocurrency markets. Data impact: Announced value > expected value, good for the U.S. dollar, bad for non-U.S. currencies; good for Treasury yields; bad for interest rate cut expectations, good for interest rate hike expectations. Source: Jinshi Data Note: The above content is not intended as investment advice.