Yesterday's US CPI met expectations on the headline (2.7% YoY), while core came in softer (2.6% YoY). One detail is that core CPI rose +0.2% MoM vs +0.3% expected, triggering a mild dovish repricing, 2Y yields eased and BTC caught a bid. What's left this week: Today: US PPI + Retail Sales + Existing Home Sales Thu: UK GDP Macro focus now shifts to demand. Retail Sales is the main risk event, strong consumption can keep rates pressure elevated. Disclaimer: Deribit FZE is licensed by the Virtual Assets Regulatory Authority (VARA) for virtual asset exchange services, but does not offer derivatives to retail investors. DRB Panama Inc. is unregulated and serves retail and non-retail investors. Virtual assets are highly volatile, carry significant risk, and may lose full value. They are not insured or protected against potential losses.(Deribit)