US September PPI and retail sales due at 20:30 Beijing time

Bundling PPI and retail sales into a single release concentrates macro risk into one moment, since the two capture different channels — pipeline inflation pressure and actual consumer demand. For crypto and RWA markets, the read on whether US demand is holding up matters more than the inflation print itself, given how much tokenized-asset and digital-asset sentiment has tracked broader risk appetite. The open question is which signal dominates: a hot inflation reading alongside resilient retail sales, or signs of consumer fatigue that shift the macro narrative.