For the global market full of risks, volatility and a lot of opportunities, Bitcoin and Ethereum also had a turbulent week last week.
Next week, the market will usher in a "super central bank week". The Bank of Japan, the Bank of England and the Federal Reserve will announce interest rate decisions. These three central banks are likely to make or hint at major monetary policy decisions. On Friday, the United States will also release the latest non-farm payrolls data. Due to the remarks of Federal Reserve Chairman Powell, this data may be the focus of whether the Federal Reserve can cut interest rates as expected in September.
So, the weekly closing is not very important, it is just a transitional day. For most friends, there are two major events to wait for:
First, the Federal Reserve will announce its interest rate decision next week, and there is a "slight" possibility of a rate cut. Investors are focused on whether it will release a signal of a rate cut in September. If it is released, it may be regarded as "slightly positive", but if it is not released, it will be regarded as "major bad news".
Second, the US election has changed. Harris's support rate in the first week of the campaign almost caught up with Trump, especially in the battleground state of Pennsylvania. As we said before, the "Trump deal" is a moving target.
The above two things are enough to trigger a major reshuffle in the global market. Now who can find certainty in the uncertainty in advance, and be the first to predict the next direction of the US dollar when everyone is confused, then you will become the winner of this round of game.
