Two heavy data next week:
Thursday 21:45 US August PMI
Friday 22:00 Powell speech
As for whether Iran will launch artillery attacks, senior Iranian officials said that if Gaza ceases fire, direct retaliation against Israel can be postponed. The Gaza ceasefire negotiations held in Doha on Friday were suspended. Negotiators will meet again next week to seek an agreement to end the conflict between Israel and Hamas and release the remaining hostages.
The current crux of the two sides is that Israel insists that peace can only be achieved by destroying Hamas, while Hamas has stated that it only accepts a permanent ceasefire, not a temporary ceasefire.
If an agreement can be reached, it will be a big boon to the cryptocurrency circle.
