The US PPI data for July yesterday rose less than expected. It is expected that the Federal Reserve will start a series of interest rate cuts from September. Pay attention to the evening CPI data, which will determine the future path of interest rate cuts.

If the inflation data is lower than expected, the Federal Reserve may adopt a more relaxed monetary policy, and the market may usher in positive news. If inflation is higher than expected, interest rate cuts may be delayed.

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