Since yesterday afternoon, the market has weakened again, and it is still difficult to determine whether it is range-bound or a peak correction; however, the risk aversion sentiment triggered by the rebound expectation of #cpi may be the main reason 📉. #CPI数据

The aftershocks of the last major non-farm payroll revision are still felt, and funds are retreating to observe in advance. The market expects a core CPI month-on-month rate of 0.3% and a year-on-year rate of 3.0%-3.1%, with a CPI month-on-month rate of 0.2% and a year-on-year rate of 2.7%-2.8%, both slightly recovering from last month 📊.

Tonight's logic is simple: below expectations or previous values is generally favorable, while above is generally unfavorable; if there is a significant deviation, the negative impact is even greater ⚠️.

However, compared to the previous major non-farm payroll event, the probability of explosion is relatively low, and market sentiment remains cautiously observant. 📉📊