📢 News Alert📢

The market is poised for significant volatility this week. Federal Reserve Chair Jerome Powell will testify on Capitol Hill on Tuesday, addressing the semi-annual monetary policy report. His testimony is anticipated to cover key topics including the current economic situation, inflation trends, the job market, and the Fed's monetary policy outlook.

This event is expected to substantially impact the markets. Additionally, the U.S. CPI data for June will be released on Thursday, offering further insights into inflation. Traders should be ready to capitalize on market movements during these events.