Evening News Alert:
Background: 1. Tariff negotiations have eased trade tensions!
2. The US dollar index and US stocks closed sharply higher.
Key Data: 3. Evening CPI data will be released!
The direct relationship among the three is a judgment on the internal economic development situation of the US. Tariff negotiations will certainly have a promoting effect on its internal economic development. #贸易战缓和
The surge in the US dollar index and US stocks benefits traditional financial investments, while safe-haven assets face the problem of capital outflow.
The CPI data assesses whether economic inflation is serious, which directly relates to the Federal Reserve's interest rate cut expectations. A favorable CPI release for the dollar would further delay the Fed's interest rate cuts.
It can be said that the evening is a key battleground for bulls and bears. Not making hindsight comments is my basic quality. The evening market will still follow short-term positive factors for upward testing, with short-term pressure remaining around the 105000 level. #CPI数据来袭
Additionally, if US stocks open high and continue to rise, it will weaken the upward momentum. However, if a sustained rise occurs, it will challenge previous highs.
Moreover, the delay in interest rate cut expectations will create a risk of correction after the rise, with support to watch at the 102500 level.