\ud83d\udcca The Fed\u2019s story faces its first real test this week. US July CPI drops Wednesday, August 12, PPI follows Thursday, August\u00a013.<\/p>\n
Two weeks ago, Chair Kevin Warsh and the FOMC held rates at 3.50%-3.75% for a fifth straight meeting, a split 9\u20133 vote with three members wanting a hike. Their message: inflation is still too high, and rates are staying higher for\u00a0longer.<\/p>\n
\ud83d\udee2\ufe0f Since then, the picture has flipped twice. Oil driven by the Iran conflict and tariff pressures pushed September hike odds as high as 82%. Then a shockingly weak July jobs report, with payrolls actually shrinking, cut those odds back down fast. Markets are on edge, and this print decides which story\u00a0wins.<\/p>\n
\ud83d\udcb0 Gold is caught in the crossfire, holding near $4,300 an ounce, still off January\u2019s record above $5,500 but climbing again as traders hedge both sticky prices and Fed confusion.<\/p>\n
\u26a1 Hot data revives hike bets, lifts the dollar and yields, and pressures gold. Soft data hands the doves their case back. Either way, FX, gold and equities are set for a wild\u00a0ride.<\/p>\n
\ud83d\udc49 Trade CPI\/PPI week with tight spreads and fast execution on NordFX: https:\/\/my.nordfx.com\/en\/registration?utm_source=social&utm_medium=post&utm_campaign=nordfx<\/a><\/p>\n \ud835\uddd6\ud835\udde3\ud835\udddc\/\ud835\udde3\ud835\udde3\ud835\udddc \ud835\uddea\ud835\uddf2\ud835\uddf2\ud835\uddf8 \ud835\ude04\ud835\uddf6\ud835\ude01\ud835\uddf5 \ud835\udde1\ud835\uddfc\ud835\uddff\ud835\uddf1\ud835\uddd9\ud835\uddeb: \ud835\uddd6\ud835\uddee\ud835\uddfb \ud835\ude01\ud835\uddf5\ud835\uddf2 \ud835\udddd\ud835\ude02\ud835\uddf9\ud835\ude06 \ud835\uddd9\ud835\uddf2\ud835\uddf1 \ud835\udde0\ud835\uddf2\ud835\ude00\ud835\ude00\ud835\uddee\ud835\uddf4\ud835\uddf2\u2026<\/a> was originally published in Coinmonks<\/a> on Medium, where people are continuing the conversation by highlighting and responding to this story.<\/p>","protected":false},"excerpt":{"rendered":" \ud835\uddd6\ud835\udde3\ud835\udddc\/\ud835\udde3\ud835\udde3\ud835\udddc \ud835\uddea\ud835\uddf2\ud835\uddf2\ud835\uddf8 \ud835\ude04\ud835\uddf6\ud835\ude01\ud835\uddf5 \ud835\udde1\ud835\uddfc\ud835\uddff\ud835\uddf1\ud835\uddd9\ud835\uddeb: \ud835\uddd6\ud835\uddee\ud835\uddfb \ud835\ude01\ud835\uddf5\ud835\uddf2 \ud835\udddd\ud835\ude02\ud835\uddf9\ud835\ude06 \ud835\uddd9\ud835\uddf2\ud835\uddf1 \ud835\udde0\ud835\uddf2\ud835\ude00\ud835\ude00\ud835\uddee\ud835\uddf4\ud835\uddf2 \ud835\udde6\ud835\ude02\ud835\uddff\ud835\ude03\ud835\uddf6\ud835\ude03\ud835\uddf2 \ud835\ude01\ud835\uddf5\ud835\uddf2 \ud835\udddc\ud835\uddfb\ud835\uddf3\ud835\uddf9\ud835\uddee\ud835\ude01\ud835\uddf6\ud835\uddfc\ud835\uddfb \ud835\uddd7\ud835\uddee\ud835\ude01\ud835\uddee? \ud83d\udcca The Fed\u2019s story faces its first real test this week. US July CPI drops Wednesday, August 12, PPI follows Thursday, August\u00a013. Two weeks ago, Chair Kevin Warsh and the FOMC held rates at 3.50%-3.75% for a fifth straight meeting, a split […]<\/p>\n","protected":false},"author":0,"featured_media":211381,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-211380","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-interesting"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/211380"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=211380"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/211380\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/211381"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=211380"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=211380"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=211380"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}