【Beware of Major Volatility Tonight! Terrifying Data + Powell's Speech Approaching】

Tonight, May 15 at 20:30, the U.S. will release retail sales data (commonly referred to as "terrifying data") and the April PPI Producer Price Index.

These key data points could significantly affect the market's expectations for future interest rate cuts by the Federal Reserve. If the data is weaker than expected, expectations for Fed rate cuts may rise, which could weaken the dollar and benefit gold prices and risk assets (including the crypto market).

However, there are currently two interpretations of the retail sales data (potentially significant growth or below expectations), and with PPI expectations dropping to 2.5%, the market direction may experience dramatic fluctuations after tonight's data release, so investors need to be particularly cautious.

Additionally, Federal Reserve Chairman Powell will speak at 20:40 at the second Monetary Policy Framework Review Research Conference, focusing on monetary policy and economic outlook, which could also have a significant impact.

⚡ Key Time Points Tonight:

20:30 Retail Sales Data + PPI Data Release

20:40 Powell's Speech

Get ready for volatility! #美国加密立法