The big one is coming at 20:30 tonight!!!
The US will release the unemployment rate and seasonally adjusted non-farm payrolls data for July, which will directly affect the timing of the Fed's rate cut.
If both data are good, and Powell talked about rate cuts in his speech yesterday, then the possibility of a rate cut in September is very high!
Combining CPI data, expectations of rate cut speculation, and speculation on the timing of the US election, if the big pie reaches a new high quickly, it will be at the end of August, at the latest in September
