In the July season, you must understand the market to play the market

On June 15, the debt of country M has reached or even exceeded US$32 trillion, and the current outstanding debt continues to increase by US$246 billion. On the occasion of this financial report, it may continue to grow.

Looking at the data, the PCE index has dropped below 4% after two years. The PCE index in May increased by 0.1% month-on-month and 3.8% year-on-year. The overall data in line with expectations also relieved the market. This index also Closely related to the market, it shows that household spending in country M is slowing down. For the Federal Reserve, slowing consumption and slowing inflation are welcome news. Although these developments are unlikely to change the recent political path, after all, interest rates still need to be Further rising, after the latest PCE data appeared, the interest rate hike expectations reflected by CME fell back, from the previous 33% to 28.8%.

The overall market sentiment is still developing as expected, and this month’s interest rate hike is still important.