Three important events this week!

1️⃣ FOMC July Meeting Minutes (August 21st, early morning)

Focus on the Fed's internal attitude towards inflation and the feasibility of a rate cut in September from their perspective.

2️⃣ Jackson Hole Global Central Bank Symposium (August 21st-23rd)

Powell's speech is the most noteworthy, whether it will provide a clearer policy direction is the main concern of the market.

3️⃣ Global August PMI Preview (Starting August 21st morning)

Pay attention to whether the service industry is cooling and whether the manufacturing sector remains weak, as a reference for the economic health report.

In trading, maintain a certain level of flexibility now, after Powell's speech, the market direction will be clearer and then reassess the next steps.