😅😅The number of pie held by Germany still exceeds 10,000, and the selling pressure has gradually dissipated.
Although the Fed's speech did not directly predict an interest rate cut, market expectations for an interest rate cut in September have soared to more than 70%. The market's actual reaction is more important than Lao Bao's words. Judging from the market reaction after his speech, the U.S. dollar index rose slightly by 0.1% on the first day and fell slightly by 0.12% the next day. Market expectations for an interest rate cut in September have reached a climax. The CPI data to be released at 8:30 tonight will become the focus of the market. If the data shows that the CPI drops significantly, an interest rate cut in September will be basically confirmed. This data may trigger short-term fluctuations in the market, and contract players may consider opening positions after the data is released.
Today's operation suggestion: short the market in the 58300-58900 range, with the stop loss set at 59500; long positions in the 56000-56500 range, with the stop loss set at 55700.