prices

The U.S. Producer Price Index (PPI) for September will be released at 20:30 Beijing time on October 15. Oxford Economics expects the September PPI to rise by 0.6% month-on-month, higher than the market expectation of 0.5% and August's 0.4%. In August, U.S. diesel prices increased by 24% month-on-month and 77% year-on-year. According to the American Automobile Association, the retail price of diesel reached a historic high of $6.528 per gallon on September 22.As of Wednesday, the U.S. retail price of diesel remained at $6.30 per gallon, over 70% higher than the same period last year. Analysts say that diesel is an important input for road freight, rail transport, and agricultural production. Rising prices will first push up production and transportation costs for businesses, and then gradually transmit through fuel surcharges, transportation contracts, and retail pricing, with cost pass-through potentially lagging. The Trump administration has temporarily relaxed some restrictions on agricultural fuel use and stated that Russia will supply diesel to the global market. Industry insiders believe these measures are unlikely to resolve refining capacity and finished oil supply bottlenecks in the short term.

The surge in artificial intelligence infrastructure construction has driven up the prices of consumer technology products. The U.S. September CPI shows that the prices of computers and smart home assistants have increased by 9.7% year-on-year, marking the largest increase since 2006.The prices of software and accessories have risen by 28.4% year-on-year, raising concerns in the market about the rising costs of technology products.

Affected by geopolitical and supply risk premiums, international oil prices have recently maintained a relatively high level of fluctuation. According to market data from the Gate platform, WTI crude oil (CLUSDT) is currently priced at $93.67, with a 24-hour increase of 2.09%. According to CoinGlass data, the 24-hour contract open interest on the Gate platform for CLUSDT is $131 million, ranking among the top three in the industry; the 24-hour contract trading volume reached $79.01 million, also ranking high in trading activity within the industry.

Economists expect the overall CPI in the United States to rise by 0.6% month-on-month and 3.6% year-on-year in September. Excluding food and energy, the core CPI is expected to rise by 0.2% month-on-month and 2.5% year-on-year.Tony Rodriguez, head of fixed income strategy at Nuveen, stated that the rise in energy prices has not yet translated into core inflation, but if it continues for two consecutive quarters, it may affect food and commodity prices.

On-chain data company CryptoQuant researcher Rei Researcher pointed out in a report released on Monday that as the Bitcoin supply on exchanges continues to shrink, the price of Bitcoin may see an upward trend. The report shows that the Bitcoin held by exchanges has decreased from 2.8 million in February to 2.67 million. The recent price of Bitcoin is around $83,485, remaining stable over the past 24 hours but rising 8% over the past 30 days, following the best-performing quarter in years.The report states, "If buying demand continues to improve while exchange supply remains low, Bitcoin could benefit from a supply-demand imbalance, creating favorable conditions for a longer-term upward trend." The report adds, "More importantly, Bitcoin has rebounded from its lows in recent weeks, while exchange reserves continue to decline. This is a notable development, indicating that even as the market recovers, the supply available for trading is still decreasing." The report also notes that investors may be transferring Bitcoin out of exchanges and into cold wallets.In the first half of 2026, Bitcoin traded below $65,000 for most of the time. After reaching an all-time high of $126,080 in October 2025, the cryptocurrency has been in a bear market for most of this year. However, the situation changed in August when the U.S. Treasury doubled the scale of liquidity support repurchase operations, weakening the dollar while boosting non-yielding assets like Bitcoin. Analysts say that the so-called "devaluation trade" has heated up again, benefiting Bitcoin as it did in 2024 and 2025. Currently, the price of Bitcoin is still over 30% lower than its historical record.

The IMF World Economic Outlook report indicates that in a scenario of escalating war in the Middle East, oil prices will reach $130 per barrel in the first quarter of 2027, leading to a 0.2 percentage point decline in global economic growth in 2026 and a 0.5 percentage point decline in 2027.

According to Crowdfund Insider, Bank of America (NYSE: BAC) analyst Craig Siegenthaler adjusted the target prices for three major retail trading and cryptocurrency platforms in early October 2026, as follows:Robinhood (HOOD): Target price raised from $140 to $156, maintaining a "Buy" rating.Coinbase (COIN): Target price raised from $174 to $203, maintaining a "Buy" rating.eToro (ETOR): Target price lowered from $46 to $39, maintaining a "Neutral" rating.

10x Research published that Bitcoin option prices have fallen to a five-year low, with near-month implied volatility at 33.5%, more than 4 percentage points lower than actual volatility, indicating that option pricing is relatively cheap. In the past week, the skew of Bitcoin options has decreased by nearly 3 percentage points, with traders focusing on buying put options expiring in October with strike prices of $78,000 and $80,000, with single large trades reaching up to $204 million.10x Research believes this indicates that investors overall still hold long positions while hedging downside risks through options, rather than fully turning bearish. In contrast, the Ethereum options market shows different signals. Its largest corporate buyer has indicated that it will stop buying in the coming weeks, with options trading primarily dominated by sellers of call options, and implied volatility higher than actual volatility.

According to the Business Times citing supply chain sources, Intel has raised the prices of multi-generational PC processors since September, with the high-end Panther Lake seeing an increase of 15% to 20%. Qualcomm raised the prices of multi-chip platforms by about 10% on October 1, and AMD is reported to follow suit, with the increase, scope, and effective date still to be confirmed.The report states that Intel has raised prices three times since the end of last year. Starting from September 1, prices were adjusted differentially by product line, with the highest increase for high-end Panther Lake products, focusing on those equipped with high-end GPU tiles, rather than a simultaneous increase across the entire series; Meteor Lake and Arrow Lake saw increases of about 5% to 10%. Panther Lake adopts heterogeneous integration, with the CPU Compute tile produced by Intel 18A, and the high-end GPU tile outsourced to TSMC N3E. The largest increase this time is for high-end GPUs using TSMC's advanced process.The supply chain indicates that Qualcomm's Snapdragon X and X2 Elite platforms will increase by about 10% starting in October. AMD's Ryzen and EPYC heavily rely on TSMC's advanced processes, with the next generation of EPYC pushing towards 2 nanometers. Industry insiders say that process upgrades, product high-endization, and AI computing power demands are simultaneously driving up CPU prices, with AI, mobile, and high-end computing competing for TSMC's 3-nanometer capacity, while 2-nanometer is entering the ramp-up phase for mass production.

Arthur Hayes stated that at the beginning of each super bull market, the market must overcome numerous concerns. In 2017, it was the block size debate; in 2020, it was the pandemic; in 2023, it was the FTX collapse and central bank interest rate hikes; in 2026, it will be the panic caused by AI encryption technology (FUD).The wave of money printing will eventually come, and asset prices will soar.

On Thursday during the European trading session, Dow Jones index futures fell by 0.56%, S&P 500 index futures fell by 0.28%, and Nasdaq 100 index futures fell by 0.44%.U.S. Treasury yields rose to multi-year highs, and high oil prices intensified inflation concerns. U.S.-Iran relations are tense, and the Strait of Hormuz is facing threats. The market is focused on speeches from Federal Reserve officials and a new batch of quarterly earnings reports.

Analyst Darkfost stated that the recent demand for Bitcoin in the market has significantly improved, especially as spot demand continues to rise. Currently, the total demand for Bitcoin has returned to positive territory, exceeding 14,000 BTC, while futures demand remains relatively stable, averaging about 32,000 BTC recently.Spot demand is currently around negative 17,000 BTC. Although it is still in negative territory, it has improved significantly from negative 207,000 BTC on September 20. Darkfost believes that while the current Bitcoin price is declining, market demand is gradually recovering, which is a positive market signal.

According to Lookonchain monitoring, a certain whale holds 98,089 ETH long positions worth 252.3 million dollars, with liquidation prices of 2446.48 dollars and 2424.47 dollars.

U.S. President Trump stated that the entire nation of Iran will be completely destroyed, and this matter will come to an end soon, at which point oil prices will plummet.

U.S. Treasury bonds resumed their decline on Wednesday, with the 30-year Treasury yield rising to its highest level since 2002, reaching 5.72%. The increase in oil prices has raised market concerns about inflation and interest rate hikes by the Federal Reserve.The yield on the UK 30-year government bond rose to 6%, while the yield on the French government bond of the same duration increased by 14 basis points. Mizuho International strategists stated that the market is affected by the rise in oil prices.

Gold prices rose slightly in early European trading as investors sought safe-haven assets. Analysts at Dutch International noted that high U.S. Treasury yields and a stronger dollar could limit the rise in gold prices. The CME "FedWatch" tool shows that traders expect only a 22% chance of a rate hike in October.

Economist Jim Rickards stated that gold prices may reach $10,000 faster than most analysts expect. He referred to this as "fifth-grade math": the price of gold only needs to rise 11% from $9,000 to $10,000, which is much smaller than the increase from $3,000 to $4,000. He pointed out that the ongoing purchases of gold by central banks provide a bottom support for gold prices, and the strengthening of the dollar and the decline in gold prices do not represent the implications that supporters of "currency devaluation theory" believe. Rickards expects gold prices to reach $10,000 by mid-2027.In the comparison between Bitcoin and gold, Rickards remains skeptical and explores whether Bitcoin is a safe-haven asset or a risk asset in the next crisis. He also referred to stablecoins as "the most dangerous thing in the world," believing they pose a threat to the bond market. Additionally, he discussed the 1998 bailout of Long-Term Capital Management (LTCM), yen carry trades and the leverage risks of private credit, AI risks, as well as the Federal Reserve's interest rate hike in September and its subsequent effects.