
Market update Day 2 of this week’s important US macro releases, and today’s main focus is Core PCE. Consensus: +0.3% MoM, up from +0.2% previously. With inflation still elevated and the Fed having already restarted its hiking cycle, a material upside surprise could strengthen expectations for additional tightening and put renewed pressure on risk assets. On the other hand, an in-line or softer print could reduce some of that pressure, but, once again, 👉 the market’s interpretation matters more than the number alone. Watch US yields, DXY, equities and BTC after the release. 🟢 I remain cautious in this environment. I’m not chasing moves and, when trading short-term volatility, I’m taking profits aggressively. For longer-term positioning, I continue to gradually increase spot exposure to BTC and selected large-cap alts, while keeping enough liquidity to react if better opportunities emerge. NFA. DYOR⚡️
