At 20:30 in the evening, the April CPI data will be released, and the market is expected to give a short-term direction.

US April unadjusted CPI annual rate;

US April seasonally adjusted CPI monthly rate;

US April seasonally adjusted core CPI monthly rate:

US April unadjusted core CPI annual rate:

Among them, the US April unadjusted CPI annual rate has the greatest influence and is the most important.

Expected impact: The market generally expects that the impact of US CPI data will be transmitted to the US dollar index, US Treasury yields and interest rate cut expectations, which will be transmitted to risk markets and crypto markets.

Data impact: Announced value > expected value, good for the US dollar, bad for non-US currencies; good for Treasury yields: bad for interest rate cut expectations, good for interest rate hike expectations.

Many people are asking whether it will rise or fall after the announcement. Of course, this needs to depend on the results of the data. The current forecast value is 3.4% and the previous value is 3.5%. If the value announced in the evening is 3.6%, it will fall. The announced value of 3.5% is higher than the forecast value, which is bearish.

The published value is 3.4%, which is in line with expectations and lower than the previous value. It is expected that the market will continue to run in a normal trend after the upper and lower pins.

The published value is 3.3%, which is lower than the previous value and the expected value, and is bullish.