🚨 The spotlight is on tonight! At 20:30, the U.S. August CPI data will be released.
Market expectations:
CPI Year-on-Year: Previous value 2.7%, Forecast 2.9%
CPI Month-on-Month: Previous value 0.2%, Forecast 0.3%
If the data exceeds expectations, Powell will have a headache 🤯 — if he cuts rates, there are concerns about runaway inflation; if he doesn't cut rates, the stock market and economy may not hold up.
This data not only affects the Fed's next move but will also directly impact our investment landscape: stock market, bond market, gold, foreign exchange, and even BTC/ETH/BNB may experience severe fluctuations.
💬 The market is likely to see a wave of activity tonight, remember to keep a close eye on the market and manage your risks!
