According to Mars Finance, on August 9, the important macroeconomic data and events to be announced next week are as follows: Tuesday: U.S. July CPI data; Speech by Richmond Fed President Barkin, a voting member of the 2027 FOMC. Thursday: Speech by Chicago Fed President Goolsbee on monetary policy; Speech by Atlanta Fed President Bostic on the U.S. economic outlook; Initial claims for unemployment benefits for the week ending August 9 and August PPI data. Friday: U.S. July retail sales month-on-month, July import price index month-on-month; U.S. August one-year inflation expectations preliminary value and preliminary Michigan consumer sentiment index. In addition, Trump has announced the nomination of 'crypto-friendly' official Stephen Miran to serve on the Federal Reserve Board until January 31, 2026. According to public information, during his tenure as Chairman of the White House Council of Economic Advisers, he clearly supported the Trump administration's friendly policies towards cryptocurrencies. He believes cryptocurrencies have the potential to stimulate economic growth, promote financial innovation, and combat inflation, especially in the context of Trump's economic plan. However, this nomination still requires Senate approval. Next week, traders' focus will be on the July CPI and PPI data to be released on Tuesday and Thursday respectively, as well as the retail sales data and the preliminary Michigan consumer sentiment survey report for August to be released on Friday. Even before the mutual tariffs take effect, higher-than-expected inflation data could prompt traders to reduce bets on interest rate cuts.

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