🔥🔥🔥 Is it going to be a big night again???
Brothers, the United States has just released two key economic data points!
Here are the highlights: the PPI data came in lower than expected, which sends out a somewhat positive signal; while retail sales month-on-month exceeded expectations by 0.1%, bringing some downward pressure to the market.
From an economic data perspective, the good and bad impacts offset each other, resulting in no significant guiding effect on the market. However, Fed Chairman Powell's subsequent speech broke this balance, releasing a bearish signal.
Powell clearly stated that the Fed is likely to maintain a tightening monetary policy tone, with very little chance of easing policies in the short term.
In summary, considering the economic data and policy signals, the overall trend shows a slight bearish outlook.
However, since neither the data nor Powell's remarks showed any unexpected volatility, the actual impact on the market is expected to be relatively limited. Currently, the market shows signs of stabilization, so should we be bearish or bullish tonight?
After the US stock market opens later, Guang Ge will look for opportunities to enter the market. If you want to keep up with Guang Ge's strategy, make sure to call in.
