[A mysterious selling pressure appeared again. Has the currency been decoupled from the macro again? ] The CPI data is not as dovish as the PPI. Timiraos has leaked that a 50 basis point rate cut would require a significant slowdown in the labor market. Today's background information is obviously not as optimistic as yesterday, but US and Japanese stocks fell slightly and then hit a new intraday high. The bond market yields also fell. The sentiment is good. The currency has fallen all the way. It seems to be somewhat decoupled from the macro. Have new mysterious sellers appeared? #美国CPI数据连续第4个月回落 #新币挖矿TON #美国7月PPI低于预期 #加密市场反弹 #美联储何时降息？