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Jackson king
RISK-ON OR JUST A TEMPORARY RELIEF?
Easing U.S.-Iran tensions are pushing oil lower, while Treasury yields cool as geopolitical pressure fades.
The next focus is July PCE and the Fed’s Jackson Hole remarks. Core PCE is expected at 3.3%, so a softer reading could strengthen easing expectations.
$BTC broke above $80K and $ETH cleared $2.5K, but profit-taking pressure is emerging. Softer PCE could support $BTC, $ETH, and tech stocks, while a hawkish Fed signal could trigger a pullback. #BTC80KHol
