đ¨ **Market Update** đ¨
Hey traders,
Big day today! The U.S. Consumer Price Index (CPI) inflation data is set to be released at 8:30 AM ET. This crucial indicator of inflation will give insights into the current economic conditions. đ
Later tonight, the Federal Reserve will announce its decision on interest rates. This decision can significantly impact borrowing costs and the overall market sentiment. đ
â ď¸ **Advisory for Traders** â ď¸
For those trading in futures and other speculative markets:
- Avoid entering trades based on anticipated news: Market reactions can be unpredictable.
- Consider staying out of the market during these announcements if you're not a long-term investor.
Remember, this advice is mainly for short-term and speculative traders.
Trade safely! đź