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Inflation news ahead.
The market got a mixed PPI yesterday which made Powell nervous.
It is rare for a PPI report to come out a day EARLIER than a CPI report
PPI + CPI macro data have a very strong correlation. Failure of PPI to meet expectations can cause a more significant reaction in the markets
There is a high probability of unpredictable CPI.
Traders expect inflation to fall by 0.1% to 3.4% from the previous 3.5%.
*In general, news is an unpredictable factor and I recommend not to trade before and during the news!*$BTC
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