Pay attention to the PPI data at 8:30 tonight. If it is consistent with the forecast, it may be positive in the short term, but beware of the risk of negative impact. The CPI data tomorrow night is also worth noting. You need to prevent up and down fluctuations in the past two nights. It is recommended to set up stop-profit and stop-loss to deal with unexpected risks.
CPI tomorrow night, the dealer may use recession as a reason to dump the market
There are a lot of economic data this week: from tonight's PPI, tomorrow night's CPI, Thursday night's retail data and the number of people who applied for unemployment benefits for the week. It can be roughly divided into PPI and CPI. Both belong to the inflation category. Retail data and the number of people applying for unemployment benefits are now more regarded as indicators of economic strength.
From the current market's attention, it has shifted from whether inflation continues to slow down to whether the economy is heading for recession. In this sense, it feels that retail and employment data (Thursday) may have a higher weight than inflation (PPI on Tuesday, CPI on Wednesday), after all, the market is more worried about recession.
And the risk of PPI and CPI has also become whether they will be significantly lower than expected? Overcooling means that consumption or the economy is further declining.
This is the most pessimistic possibility for the market. But it is in line with the downward trend of the weekly and monthly lines.
Bulls need to beware of this situation
