Tonight, we need to pay close attention to a key data point—the PCE data, which is the inflation indicator most favored by the Federal Reserve. This time, the market expectation is 2.7%, higher than last month's 2.3%. If the result matches expectations, it will be the second consecutive month of increase, which is positive for the dollar, indicating that the Federal Reserve's strategy of 'continuing to tighten' is correct.

If the data exceeds 2.7%, the dollar is likely to strengthen further, as Powell has indicated that whether or not to cut interest rates in September mainly depends on the economic data from now until the next meeting. If this PCE is exceedingly high, the chances of a rate cut will be minimal.

Conversely, if the PCE is below 2.7%, the dollar may be in some danger, which could actually be good for speculative assets like ours, as it suggests that the market may be more willing to speculate in the short term, leading to a rebound in asset prices due to an increased likelihood of rate cuts. #比特币 #区块链