Events to watch this week

Tuesday: U.S. Conference Board Consumer Confidence Index for August;

Thursday: U.S. initial jobless claims for the week ending August 24;

Friday: 2024 Federal Open Market Committee (FOMC) voting member and Atlanta Fed President Bospunk speaks on monetary policy and economic outlook, U.S. July core PCE price index annual and monthly rates, personal spending monthly rates, these data will affect the extent of the September rate cut

This week's focus:

(1) Nvidia earnings report released on Wednesday, if a sharp drop, the AI ​​sector in the cryptocurrency circle will also fall

(2) PCE data released on Friday, lower than expected positive, high negative