Q9 Markets | Grin and Bear It

  • Markets shrug off highest inflation reading in 40-years
  • Celsius files for bankruptcy
  • Crypto exchange volumes down, FTX market share rises
  • Energy prices rose 7.5% (month-over-month, seasonally adjusted)
  • Core inflation (excluding food and energy) stayed hot at 0.7%, with stickier components like core services (0.7%), rent (0.8%) and owners’ equivalent rent (0.7%) all hot
  • Categories that many thought would moderate soon refused to do so. Durable goods prices rose 0.7%, used cars and trucks 1.6% and transportation services 2.1%
  • Alcoholic beverages rose 0.4%, making for a 6% annualised increase in the first half of the year

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Q9 Capital

Q9 Capital

Buy, sell, and store digital assets with ease. Invest with the trust of an established financial services provider with 40 years of group history.