Macroeconomic Hotspots Interpretation

Apr 12,2023
CPI lower than expected with core in line with expection : 1. Overal data is promising; 2. But if we look into the datasets, the contributing factor - energy has shown signs of price increases. Plus the print was after the bank crisis. Inflation data for next months might not be as promising. 3. The recessionary concerns are also factored in. FOMC minutes will come out in a few hours. Also the ETH upgrade which would be the main drivers for the price actions in the this week.
An in-depth look at inflation trends, monetary policy, commodities, derivatives flows and geo-factors. On the one hand, crypto assets are increasingly part of the global macro map, but crypto asset prices react more slowly to macro factors than traditional markets, with information gaps and scope for arbitrage. On the other hand, macro liquidity is like gravity to the price of risky assets, with medium to long-term price movements ultimately reflecting macro liquidity. This indicator provides a real-time interpretation of macroeconomic hotspots. It facilitates users to understand the cycle more clearly and understand the macro fundamentals. By #Junjie @Yvonne19_1