Alright, although the CPI monthly rate didn't exceed the previous value, it was higher than expected.
The US pre-market has already reacted, showing a drop.
The December rate hike expectation is already close to 100%. The sentiment is not optimistic.
The main focus next is still on oil prices. If oil prices can steadily decline, it could help boost risk market sentiment.
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
