US September PPI due tonight: print to shape Fed rate-hike expectations
- —September PPI release scheduled for 20:30 Beijing time
- —Consensus: headline +0.5% m/m, core +0.3% m/m
- —Hotter data would raise Fed rate-hike odds and hit risk assets
- —PPI follows a resilient CPI print that underscored sticky inflation
Why it matters: A strong PPI could deepen pressure on bitcoin and altcoins via tighter Fed expectations, while a soft print would support risk appetite.
Source: ChainCatcher 链捕手