【Financial News Quick Dispatch | 8.27 Hotspot Focus】

1️⃣ Inflation data cools down: The July core PCE price index increased by 2.8% year-on-year (previous value 2.9%), marking the lowest level in three years, raising expectations for a Federal Reserve rate cut.

2️⃣ Weak consumer spending: Personal consumption expenditures in July increased by only 0.2% month-on-month (previous value 0.8%), as high interest rates tighten consumer willingness to spend.

3️⃣ Strong earnings reports from tech stocks: The AI boom drove Dell's performance beyond expectations, with its after-hours stock price soaring by 20%, boosting Nasdaq futures.

4️⃣ Federal Reserve signals: Powell's latest remarks emphasized "data dependency," stating that risks to the economy will be carefully assessed before the September meeting, with the market betting on a 70% probability of a rate cut.

5️⃣ Dollar fluctuations: The dollar index fell below the 104 mark. Non-dollar currencies rebounded collectively, alleviating short-term pressure on the RMB exchange rate.

Trend interpretation: Economic data supports expectations of a "soft landing," but the weakening consumer momentum is concerning, while tech stocks remain the market's mainline. Pay attention to this week's non-farm payroll report.