⚠️ Binance Square community, please buckle up! The announcement of important data #cpi today could have a significant impact like the first decisive day #Fed of the year.
🔹 With rising U.S. Treasury yields and strong employment data, the U.S. stock market has been highly volatile, wiping out annual gains of the S&P 500, while cryptocurrency volatility has also increased.
🔹 Options traders are worried about potential volatility in the coming days.
🔹 All eyes are on the U.S. December CPI data, expected to be released at 08:30 ET, as investors seek clearer guidance on the prospect of interest rate cuts this year.