Macroeconomics and news:
There is nothing much to say about the macroeconomics. In the near future, we will see how the Fed uses macro data to control market expectations and sentiment, and regulate the US Treasury and the US dollar, and the US stock market. The risk market is too optimistic about the expectation of a rate cut at the end of the year.
At present, the speech of the Fed Vice Chairman shows that he is preparing to cool down the optimistic expectations. There will be more speeches by Fed officials this week. Everyone should sit tight and see how to play with market expectations.
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