bibibi.ccLoading…
Connect scattered updates into a story you can understand.
The preliminary estimate for the US November 1-year inflation rate expectation was 4.3%, lower than the expected 4.7% and the previous value of 4.70%.
A preliminary University of Michigan survey shows U.S. consumer confidence rebounded about 6%, but remains 10% below February; inflation expectations for the next 1 year fell to 4.3%. The cost of living remains respondents' top concern.
BlockBeats reported that Brent crude rose intraday to 117.45 USD/barrel and closed at 116.72 USD/barrel. The report attributed the rise in oil prices to expectations of an escalation in the US-Iran conflict and said that the claim that two tankers struck mines remained subject to verification.
The University of Michigan's final consumer sentiment index fell to 48 points, while inflation expectations for the next 1 years and for five to years rose to their highest levels since May.
ChainCatcher, citing people familiar with the matter, said that the Bank of Japan may raise its inflation outlook for the next fiscal year and is expected to keep interest rates unchanged at the meeting ending October 30. The assessment could change if the yen falls sharply and drives up import costs.
Huobi HTX Chief Analyst Cloud believes Bitcoin is more likely to break below the 81000 to 84000 USD trading range,CPI and if it exceeds expectations, it may test 81000 USD。
United States October Preliminary consumer confidence fell to 46.3, the Current Economic Conditions Index fell to an all-time low, while one-year and long-term inflation expectations both rose. 1
The report shows that Treasury yields and inflation expectations are rising, putting macro conditions and U.S. stocks under pressure, while funds are focusing on 30-year U.S. Treasuries; oil and gold remain volatile at elevated levels, and the People's Bank of China continues to increase its gold holdings.
US 30 year Treasury yield breaks above 5.5%, setting another 2004-year high since; US September 1 year inflation expectations final reading was 4.6%, and the final consumer sentiment index reading was 48.1。
The University of Michigan survey showed that U.S. consumer confidence fell, with future 1-year inflation expectations rising from 4.0%to 4.6%, while long-term expectations rose to 3.4%。
