Monthly Bitcoin & Crypto Update (September)
What’s in Today’s Report:
- Can AI Continue to Support This Market?
- Monthly Bitcoin & Crypto Update (September)
Futures are mixed as investors monitor rising oil prices and ongoing Middle East tensions ahead of key inflation data.
Geopolitically, Iran-backed Houthis reported airstrikes in Yemen, adding to concerns about a broader Middle East conflict.
Economically, German Final CPI met estimates at 0.2% m/m in August.
Today, focus will be on PPI (E: 0.4% m/m, 5.3% y/y) ahead of Friday’s CPI report. A cooler PPI print would be welcomed by stocks, while a hot print could push yields and oil higher. Jobless Claims (E: 208K) and Existing Home Sales (E: 3.97M) are also due today.
Finally, the Treasury will hold 4-Week and 8-Week Bill auctions at 11:30 a.m. ET and a 30-Yr Bond auction at 1:00 p.m. ET. Notable earnings include ORCL ($1.40), ADBE ($4.86), and M ($0.37).
Alpha Webinar: When Does Rising Oil Become a Problem?
Oil prices are moving markets again, but the real question isn’t simply whether crude goes higher—it’s when rising oil becomes a meaningful problem for inflation, bond yields and stocks.
That’s the focus of today’s Sevens Report Alpha webinar, live at 1:30 p.m. ET.
We’ll examine the Strait of Hormuz and actual oil flows, alternative routes for Persian Gulf supply, why diesel markets matter, and, importantly, the oil-price levels that could signal conditions are becoming materially worse—or beginning to improve.
The goal isn’t to predict the next move in crude. It’s to give you a practical framework for understanding when oil is a manageable market risk and when it becomes a sustained headwind for stocks and bonds.
