Bitcoin and Gold Are 2026's Worst-Performing Major Assets, a First
Bitcoin and gold are 2026's worst-performing major assets, down 7.3% and 7.5% per Charlie Bilello's data.
China's September CPI rose 0.9% from a year earlier, below the 1.0% expected, while PPI gained 5% y/y, above forecasts.
Producer prices were up 5% from a year earlier.
Consumer prices gained 0.2% from the prior month.
Compared with a year earlier, consumer prices were up 0.9%.
Earlier related:
This post is limited to the figures; a separate article with details and implications will follow.
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Disclaimer: this article comes from third-party media and is provided for reference only. It does not constitute investment advice. Crypto and other financial products carry significant price volatility risk, so please make your own decisions carefully.
Bitcoin and gold are 2026's worst-performing major assets, down 7.3% and 7.5% per Charlie Bilello's data.
Markets see an 81% chance the Bank of Canada raises its rate to 2.50% on Wednesday, its first hike in a year, though economists remain divided.
Daiwa expects the BOJ to hold rates in October, but a declaration of 2% inflation could pave the way for a December hike.
China warned on Saturday that a proposed US rule expanding tech investment curbs into biotech would damage relations and that it reserves the right to…