Fresh US macro data is rather negative for risky asset markets. Because it shows that inflation is falling more slowly than expected (and, in some places, even growing). And the labor market is weaker than expected (and this again raises questions of recession). That is, the conclusions that are on the surface - the US Federal Reserve with its "dual mandate" is not doing "excellent" and, perhaps, not even "well".
Statistics:
- Core consumer price index (y/y) (September) - 3.3% with a forecast of 3.2% and a previous figure of 3.2%.
- Consumer price index (y/y) (September) - 2.4% with a forecast of 2.3% and a previous figure of 2.5%.
- The number of initial applications for unemployment benefits - 258 thousand with a forecast of 231 thousand and a previous figure of 225 thousand.
Based on the overall picture, with such data, the path is rather down. As a result,#BTCis falling, locally for now.
