Today’s US CPI release provided only the monthly inflation figures (MoM), with no year-over-year (YoY) report. The latest data indicated an increase in inflation, triggering the downside movement in Gold and Bitcoin that we had anticipated.
The absence of the annual inflation figures is linked to the US government shutdown in November 2025, which disrupted data collection and prevented the Bureau of Labor Statistics (BLS) from gathering the necessary information for the annual comparison.
Higher inflation continues to create pressure on financial markets, as investors reassess the Federal Reserve’s monetary policy outlook and the possibility of higher interest rates.
Meanwhile, geopolitical developments remain another major factor influencing market sentiment.
Keep your eyes on the Strait of Hormuz, guys!
