According to Odaily, Greeks.live macro researcher Adam posted on the X platform that the US July Producer Price Index (PPI) data showed a significant drop, slightly below expectations. The core PPI monthly rate fell to zero, leading to a noticeable rise in popular stocks at the opening of the US stock market. However, the cryptocurrency market showed little volatility and was not influenced by the surge in the stock market. Major short- and medium-term implied volatility (IV) also decreased accordingly.
Tomorrow, important Consumer Price Index (CPI) data will be released. However, based on options data, market expectations are currently low. Short-term skew is slightly bearish, while major term IV and large transaction data remain stable. This week, realized volatility (RV) has significantly decreased, and IV is under noticeable pressure. Despite this, short-term IV remains relatively high compared to the average level.