The post BoC: Patience on hikes despite oil shock – TD Securities appeared on BitcoinEthereumNews.com.
TD Securities strategists expect the Bank of Canada (BoC) to hold its policy rate at 2.25% through 2026 before returning to a 2.75% neutral level in 2027 via 25 bp hikes in January and March. They see higher Oil prices from US–Iran tensions as an inflation shock but argue well-anchored expectations and muted core inflation allow the Bank to look through stronger headline Consumer Price Index (CPI). BoC seen on extended hold then hiking “We look for the Bank of Canada to stay on hold at 2.25% through 2026 before a return to neutral (2.75%) next year, with 25bp hikes in January and March. Higher oil prices resulting from US strikes on Iranian and subsequent threats to global crude supply have introduced a material shock for inflation, but we believe the Bank can remain patient as it waits for more clarity on the geopolitical outlook and spillovers to domestic CPI. We look for inflation
The post Bitcoin Bull-Bear Cycle Indicator Flashes Green Ahead of April CPI Print appeared on BitcoinEthereumNews.com.
Bitcoin (BTC) just printed its first early-bull reading on CryptoQuant’s Bull-Bear Market Cycle Indicator since March 2023, a regime shift that historically marks recoveries from deep corrections. The signal arrives as the Bureau of Labor Statistics releases April 2026 Consumer Price Index (CPI) data Tuesday morning, an inflation print that could decide whether BTC follows through or stalls below recent resistance. Bull-Bear Cycle Indicator Flips After Two-Year Drought CryptoQuant’s Bull-Bear Market Cycle Indicator moved out of bear territory this week for the first time in roughly 26 months. Similar prints in 2019 and early 2023 preceded sustained recoveries after deep drawdowns. CryptoQuant Bitcoin Bull-Bear Market Cycle Indicator. Source: CryptoQuant Both episodes followed long stretches of subdued price action and rising on-chain conviction among long-term holders.
The U.S. Bureau of Labor Statistics reported April 2026 Consumer Price Index data on May 12, showing headline inflation climbed to 3.8% year-over-year, above the 3.7% analyst consensus and up from 3.3% in March. Gasoline Prices Push U.S. CPI to 3.8% in April, Highest Reading Since Late 2025 The monthly CPI-U rose 0.6% on a […]
The post CPI inflation April 2026: appeared on BitcoinEthereumNews.com.
Prices that consumers pay for a wide range of goods and services increased at a faster-than-expected pace in April, raising further concerns about the inflationary impact on the U.S. economy. The consumer price index rose at a seasonally adjusted 0.6% for the month, putting the one-year pace at 3.8%, the Bureau of Labor Statistics reported Tuesday. The monthly rate was as forecast, but the annual rate was 0.1 percentage point above the Dow Jones consensus. Excluding food and energy, core CPI increased 0.4% and 2.8% respectively, indicating that while inflation is still well above the Federal Reserve’s 2% goal, a good deal of pressure is coming from non-core areas, particularly energy. The annual headline inflation rate was the highest since May 2023 and was up half a percentage point from March. Core inflation rose 0.2 percentage point annually. Energy prices, which jumped 3.8%, again was a major contributor to the
The post US April CPI Report Sparks Fresh Fears of Fed Rate Hikes in 2026 appeared on BitcoinEthereumNews.com.
Markets now price in growing odds of Fed rate hikes as April CPI data approaches. Rising oil and gasoline prices continue adding pressure to U.S. inflation expectations. Softer wage and shelter inflation may help limit further Fed tightening concerns. The upcoming release of the U.S. April Consumer Price Index (CPI) report has raised attention on the Federal Reserve’s next policy move, as financial markets continue to price in a prolonged period of high interest rates. Current expectations from major investment banks indicate that the Fed is unlikely to begin cutting rates before 2027, while market participants have also started assigning higher probabilities to possible rate hikes later this year. The inflation report is expected to provide further clarity on whether price pressures tied to energy costs and core inflation trends could change the central bank’s policy directio
The post Gold reverses gains as US CPI data takes center stage appeared on BitcoinEthereumNews.com.
Gold (XAU/USD) reverses earlier gains on Tuesday as fading hopes for a near-term breakthrough in US-Iran negotiations and a modest rebound in the US Dollar (USD) weigh on the precious metal ahead of the US Consumer Price Index (CPI) data release. At the time of writing, XAU/USD is trading around $4,694 after hitting a three-week high of $4,773 during the Asian session. US-Iran negotiations remain at an impasse over Iran’s nuclear program. US President Donald Trump told reporters in the Oval Office on Monday that the ceasefire is “on massive life support.” The remarks came after Trump rejected Iran’s latest response to the US-backed peace proposal, calling it “totally unacceptable.” Reports also suggest that the US President is considering a resumption of military operations, alongside a potential restart of “Project Freedom” in the Strait of Hormuz. Meanwhile, Iranian Parliament Speaker
The post US Dollar: Inflation focus shapes rate expectations – TD Securities appeared on BitcoinEthereumNews.com.
TD Securities economists highlight that higher US Treasury yields followed headlines on Middle East tensions and upcoming supply, with attention now turning to April United States (US) Consumer Price Index (CPI). They expect core CPI to print above consensus and headline CPI to remain firm, driven by shelter adjustments and energy and food prices, which could influence Dollar and rates pricing over the coming days. US CPI and yields in spotlight “On Tuesday, focus will be on CPI, where our forecast of 0.38% m/m for core is slightly above consensus of 0.36% m/m.” “We also expect a headline print of 0.56% m/m as oil continues to pass through into inflation.” “We look for core CPI inflation to accelerate to 0.38% m/m in April, largely owing to the rebound in shelter prices from methodological adjustments (consensus: 0.3%), with oil prices also likely passing through into airfa
The post When are the CPI, PPI and how could they affect AUD/USD? appeared on BitcoinEthereumNews.com.
China’s CPI, PPI Overview The National Bureau of Statistics of China (NBS) will publish its data for April at 01.30 GMT. The Consumer Price Index (CPI) is expected to show an increase of 0.8% YoY in April, compared to 1.0% in March. The Producer Price Index (PPI) is projected to show a rise of 1.5% in March versus an increase of 0.5% prior. The CPI is a key indicator to measure inflation and changes in purchasing trends. The YoY reading compares prices in the reference month to the same month a year earlier. Meanwhile, the PPI is a measurement of the rate of inflation experienced by producers. How could the China’s CPI, PPI affect AUD/USD? AUD/USD trades on a negative note on the day in the lead up to China’s CPI, PPI data. The pair edges lower as the US Dollar (USD) strengthens amid cautious sentiment after US President Donald Trump and Iran rejected each other’s latest peace proposa
