The PPI data is all within expectations, so the impact on the market should not be significant. Yesterday's CPI data was decent, but later overshadowed by geopolitical conflict issues. Today's focus should still be on geopolitical conflicts and Sino-U.S. trade negotiations. After the PPI data, the market anticipates two rate cuts in 2025. The PCE data is also expected to be acceptable.

This tweet is sponsored by @ApeXProtocolCN | Dex With ApeX