Important Information ! ! !

All focus today will be on the CPI data at 8:30 p.m. tonight.

US CPI rose 3.4% year-on-year in April, with the estimate at 3.4% and the previous value at 3.5%. What does this data show?

Financial Associated Press, May 15: US CPI in April increased 3.4% year-on-year, expected to increase 3.4%.

The value is 3.5%; US CPI in April increased 0.3% from the previous month and is expected to be 0.4%.

0.4%. U.S. core consumer prices rose 3.6% year-on-year in April, in line with April estimates;

Core consumer prices increased 0.3% month over month, in line with expectations.

US retail sales in April were unchanged from the previous month, estimated at 0.4% and the previous value was 0.7%.

After the release of the US April CPI data, three major US stock index futures rose rapidly, and Nasdaq futures

It's now up 0.7%, Dow futures are up 0.5% and S&P 500 futures are up 0.6%.

US 2 to 10 year Treasury bond yields fell more than 10 basis points the day after the CPI was released.

Following the release of the US CPI, Bitcoin rose rapidly, with an intraday gain of 3.5%.

After the US CPI data was released, the swaps market raised its forecast for the pace of interest rate cuts by the Federal Reserve this year.

Looking forward.

US CPI in April increased by 3.4% over the same period last year, in line with expectations. Has the market raised expectations about the pace of interest rate cuts by the Federal Reserve?

Behind the recent large fluctuations in the yen exchange rate against the US dollar, some market news suggests that the Japanese government has intervened in the market.

This is information that will affect the upcoming market price #MemeWatch2024 #PEPE❤️ $PEPE