📢 Gate Square #MBG Posting Challenge# is Live— Post for MBG Rewards!
Want a share of 1,000 MBG? Get involved now—show your insights and real participation to become an MBG promoter!
💰 20 top posts will each win 50 MBG!
How to Participate:
1️⃣ Research the MBG project
Share your in-depth views on MBG’s fundamentals, community governance, development goals, and tokenomics, etc.
2️⃣ Join and share your real experience
Take part in MBG activities (CandyDrop, Launchpool, or spot trading), and post your screenshots, earnings, or step-by-step tutorials. Content can include profits, beginner-friendl
🔥Headline CPI and Core CPI both decrease more than expected - market reacts in opposite directions:
🔸CPI data for June shows that both goods and services prices have decreased (goods prices have experienced the sharpest decline in the past 20 years).
🔸The growth of housing (shelter) - the largest contributor to the CPI increase, also decreased sharply, falling to the lowest level since 2021. This has led to a sharp decline in the CPI.
🔸Lower-than-expected CPI has raised expectations of over 90% interest rate cuts in September. Both 10Y bond yield and DXY are plunging after the news. Everything looks beautiful, but strangely, the stock market is also declining.
🔸The bigtech team (NVDA, MSFT, GOOG, AMZN, META, AAPL) with large market capitalization have all broken, dragging down the overall index. However, the entire market fundamentally remains stable, without wholesale selling, real estate stocks are still pulling strongly.