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We're dealing with the virus, the eruption of Mount Etna, the wars, and global crises all at once. It's as if the universe is telling us, 'There's no rest for you.โ $BTC What are your thoughts on the market, friends? Let's share and discuss our ideas. I'm curious to hear everyone's opinions. Let's meet in the comments! #LowestCPI2021 #MarketDownturn
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#LowestCPI2021 U.S. Initial Jobless Claims data has been released: U.S. Initial Jobless Claims data has been released: - Actual: 227K - Expected: 236K - Previous: 233K Additionally, U.S. Retail Sales data for July has been reported at 1.0%. - Expected: 0.4% - Previous: 0.0% U.S. Core Retail Sales data for July was also released, showing an increase of 0.4%. - Expected: 0.1% - Previous: 0.4% The decline in jobless claims indicates a strong labor market. This development could have a positive impact on the markets by reducing the risk of a recession in the U.S. economy. #BecomeCreator $BTC
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#BTC Let's turn to the new global agenda, the monkeypox virus. However, the monkeypox virus has not caused the same level of panic in global markets as Covid-19 did. Despite the World Health Organization (WHO) declaring a global emergency due to monkeypox, the market's response has remained relatively limited. #LowestCPI2021 Recent studies indicate that the transmission rate (R0) of the monkeypox virus is below 1. This means that the virus has a relatively low potential for widespread transmission. In comparison, Covid-19 had a transmission rate (R0) of 2.5-3, which led to its rapid spread and eventual global pandemic. However, the situation with the monkeypox virus is different; it has only spread to 13 countries so far, and there is a general consensus that the virus can be contained. #BinanceLaunchpoolTON At this point, it's important to consider several factors to understand why the global economic impact of the monkeypox virus has been limited. Firstly, the low transmission rate reduces the likelihood of the virus turning into a widespread outbreak. $BTC In conclusion, I don't think the monkeypox virus will have as big an impact as Covid-19. Wishing everyone a good night ๐ธ
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The market might be tough right now, but nature always brings balance! $BTC Taking some time to recharge and gather positive energy out here. Iโm confident things will turn around soon. ๐๐ #Binance #LowestCPI2021
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The U.S. annual inflation rate was reported at 2.9%. The expectation was 3.0%, and the previous figure was also 3.0%. #BTC This marks the first time since March 2021 that the U.S. annual inflation rate has dropped to the 2% range. $BTC
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