Three major events this week!
1. Musk x Trump: Conversation on the evening of August 12!
The interview between Musk and Trump will definitely stir up the market. As two people with great market influence, their remarks may stir up market sentiment again, which should not be underestimated!
2. At 8:30 p.m. on Tuesday, the US PPI data for July will be released!
If it is higher than expected, it will be bearish; if it is lower than expected, it will be positive
3. At 8:30 p.m. on Wednesday, the US CPI data for July will be released!
CPI is a core indicator for measuring inflation levels and has an important impact on the Fed's monetary policy decisions. If CPI is higher than expected, it may prompt the Fed to maintain or adjust the pace of interest rate hikes, and the market may face adjustment pressure; if it is lower than expected, it may bring benefits to the market and drive the market up.
Pay close attention to data releases to cope with possible market fluctuations.