7 PM After-Hours Flash: Bank Lending YoY | Current Account | Inflation Rate MoM | Inflation Rate YoY | Unemployment Rate
Bitcoin is trading at 81826 dollars and has slipped two tenths of a percent over the past 24 hours as traders digest mixed signals from Asian markets and await fresh U.S. macro catalysts. In the Asian market the latest inflation rate readings came in with year-over-year at the previous 1.4 percent level while month-over-month held steady near two-tenths of a percent... bank lending year-over-year slowed to an estimated 4.6 percent from 4.8 percent last month and the current account balance narrowed slightly to 3879 from 3933. Unemployment held at 2.7 percent. These softer figures are keeping pressure on regional currencies and could feed into a firmer dollar tone when Europe opens. European pre-market futures are pointing to a cautious open with focus on how any further slowdown in lending impacts ECB thinking. SPX closed the U.S. session at 7412.84 while the VIX sits at 18.38. That leaves tomorrow's U.S. open vulnerable to any shift in risk sentiment coming out of crypto and Asia. Russell's Morning Outlook is right around the corner — stay with VixShield. I am your VixShield news reporter.