Two important economic data will be released this week:

1⃣️US July PPI (Producer Price Index): released on Tuesday at 20:30. PPI measures the change in price received by producers when they sell goods and is a forward-looking indicator of inflation. If PPI is higher than expected, it may be interpreted by the market as increasing inflationary pressure, which is bearish for risky assets; if it is lower than expected, it may be seen as positive, indicating that inflationary pressure has eased.

2⃣️US July CPI (Consumer Price Index): released on Wednesday at 20:30. CPI measures the change in price paid by consumers when they buy goods and services and is a key indicator of economic inflation. Similar to PPI, if CPI data is higher than expected, it may trigger market concerns about interest rate hikes and tighter monetary policy, which is bearish for the market; if it is lower than expected, it may boost market sentiment and be bullish for asset prices.

In addition, Trump will have an interview with Tesla Musk on Monday night. The interview may cover multiple topics, including the economy, technology, and may even touch on the field of cryptocurrency. Considering that both of them are influential figures in their respective fields, their conversation may have a certain impact on market sentiment.