PPI data is out, annual rate higher than expected, September rate hike probability around 65% #Bitcoin #USStocks Pre-market, US stocks are down, and BTC has dropped below 78. Just now, oil prices—WTI—also pierced $100. Is this really heading toward the worst-case scenario? (Worst-case scenario: rate hike in September, high oil prices, continuous rate hike expectations.) If that's the case, risk markets won't be able to stay unaffected. All eyes on tomorrow night's CPI data—it shouldn't be too bad, right? Hopefully. Trump, isn't it time for you to take some action?