Rocky|11月 10, 2026 06:35
As the saying goes, after the worst comes the best!
The bad news is out, and good news is on the way!
First, there's tonight's CPI inflation data. Currently, nine top US investment banks have issued positive forecasts for October's CPI, all predicting it will be 0.3% lower than the official forecast. However, core inflation still shows some stickiness! (See Figure 1 below)
Secondly, there's a breakthrough in the US-Iran negotiations. Washington has allowed Iran to conduct uranium enrichment activities at a concentration of 3.67%, instead of a complete ban. Affected by this news, Brent crude oil has fallen for five consecutive days , from a peak of $117/barrel to $91/barrel! (See Figure 2 below)
US stocks have rebounded, while crypto is still slumbering. The breakout should be coming soon!
This article is sponsored by @binancezh, "Binance US Stocks: Global Assets, Zero Time Difference, One-Click Access!"
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