The market has experienced rounds of shocks, with waterfall-like plunges one after another!
The Fed's position is as solid as a rock, and the wind of interest rate hikes has blown again. The market is full of heavy worries and uneasiness, and a sharp decline has enveloped the entire market. Recently, the market has suffered a huge sell-off impact of the Mentougou style, which is almost equal to the inflow of ETF funds. The market has shown obvious fatigue, which is in sharp contrast with the past. At the same time, the influx of bargain-hunting funds has become the new main force of selling, highlighting the complexity of market sentiment.
However, according to current data analysis, even if the market is under great pressure, the decline is expected to be controlled within a certain range. This deadlock is expected to continue until the release of non-agricultural data on Friday night, which will become a key test point for the market's expectations of the Fed's rate cut. If the data is positive, it indicates that the rate cut may be achieved, which is expected to boost market sentiment; otherwise, it may increase the downward pressure on the market.
In the long run, the currency circle may need to wait for the arrival of the autumn and winter seasons to truly usher in a warm-up and welcome real growth opportunities.
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