Friends today is very important because the United States CPI data will be released
CPI means Consumer Price Index and it shows how fast the prices of everyday items like rice bread and groceries are rising
We watch the US CPI because when prices rise more than expected in the United States the value of the US dollar changes and that affects markets everywhere like crypto gold and the stock market
The data will be released at 5:30 PM Pakistan time and 8:30 AM New York time
You can see the report on the Bureau of Labor Statistics website which is the official source and if you only need the headline quickly you can check economic calendars like Investing or Bloomberg
Expectation numbers are the guesses that analysts economists financial firms and banks make about how big the CPI change will be they look at old price data housing food energy and other costs and use models to predict the number
These figures affect crypto stocks and gold in different ways
If CPI is higher than expected that means inflation is high so investors may think the Federal Reserve will raise interest rates to control it higher rates make loans more expensive people borrow less and companies face higher costs so the stock market can react badly crypto may fall too as investors move money from risky assets to safer ones gold may gain because it is a hedge against inflation and people buy it when prices rise
If CPI is close to what everyone expects the market will usually stay calm or move a little up because investors believe inflation is not out of control and the central bank may not need to raise rates fast
If CPI is lower than expected that means inflation is under control and people may feel relaxed stocks can rise crypto may also rally and gold might face some pressure
Remember these lines
Watch the CPI data today at 5:30 PM Pakistan time and 8:30 AM New York time
Check the BLS website or an investing calendar
Look at the expected figure then see the actual number and after that you can judge what might happen in crypto gold and United States stocks
The current expectations are around 2.9 percent for the yearly CPI and about 0.3 percent for the month to month change
If the actual numbers match the forecast the market will likely stay steady or rise slowly if the numbers are higher the crypto market may fall and the dollar may strengthen while gold could go up if the numbers are lower the crypto market may rally investors may expect softer policy from the Fed and risk assets can gain