How Chainlink reacts to macro news
Chainlink has data for 851 scheduled macro releases across 10 event types. The biggest average +1h move came after US Consumer Price Index (CPI) (2.06%), the smallest after UK Consumer Price Index (CPI) (0.63%). Relative to a normal hour, US CPI stands out: the first hour is 2.8× a typical hour's move.
Next release that moves LINK: FOMC rate decision,
US CPI2.06%FOMC1.73%US PPI1.00%US NFP0.97%US PCE0.95%US retail sales0.84%Jobless claims0.81%US GDP0.72%BoE rate decision0.71%UK CPI0.63%
0.0%0.5%1.0%1.5%2.0%
Average absolute move, +1h
Every event, ranked
Average absolute move after scheduled releases, % of releases where LINK was higher at +1h, the first-hour move vs a normal hour (crypto only), and the number of releases. Click a column to sort; click an event for every release.
| Event | +5m | +1h | +4h | +24h | % up +1h | vs normal hour | n |
|---|---|---|---|---|---|---|---|
| US Consumer Price Index (CPI) | 1.23% | 2.06% | 2.95% | 4.43% | 58% | 2.8× | 71 |
| FOMC rate decision | 0.96% | 1.73% | 3.02% | 5.26% | 75% | 2.6× | 48 |
| US Producer Price Index (PPI) | 0.58% | 1.00% | 2.29% | 3.61% | 56% | 1.3× | 71 |
| US Nonfarm Payrolls (NFP) | 0.68% | 0.97% | 2.03% | 3.48% | 48% | 1.3× | 71 |
| US PCE inflation (Personal Income and Outlays) | 0.48% | 0.95% | 2.13% | 3.35% | 46% | 1.3× | 70 |
| US retail sales | 0.38% | 0.84% | 1.91% | 3.70% | 54% | 1.1× | 70 |
| US initial jobless claims | 0.41% | 0.81% | 1.98% | 4.07% | 42% | 1.1× | 306 |
| US GDP (advance estimate) | 0.36% | 0.72% | 1.56% | 2.56% | 46% | 1.0× | 24 |
| Bank of England rate decision | 0.25% | 0.71% | 2.05% | 4.19% | 46% | 1.1× | 48 |
| UK Consumer Price Index (CPI) | 0.18% | 0.63% | 1.14% | 3.67% | 50% | 1.1× | 72 |
Past releases, not a forecast. Averages hide big differences between individual releases; open an event to see them all.