๐ U.S. Economic Data & Fed Rate Cut Speculation
๐น Recent Economic Signals
Retail Sales: Strong growth, boosted by auto sales & online promotions.
Consumer Confidence: Fell for the first time since April, alongside rising inflation expectations.
CPI & PPI (July):
Persistent services inflation.
PPI hit a 3-year high (MoM) โ suggests inflationary pressures remain.
Raises questions on whether Trumpโs new import tariffs are pushing up costs.
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๐น Fed Outlook
Internal Divide: Fed officials are split on a September rate cut.
Market Sentiment: Expectations swinging between easing hopes and inflation worries.
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๐น Key Upcoming Events
Wed, 23:00 UTC+8: Fed Governor Waller speech (Blockchain Seminar, Wyoming).
Thu, 02:00 UTC+8: Release of FOMC meeting minutes.
Thu, 03:00 UTC+8: Speech by Atlanta Fed President Bostic (2027 voting member).
Thu, 20:30 UTC+8:
#MarketTurbulence #HotJulyPPI #CPIWatch #ETHTreasuryStrategy #REVABinanceTGE