🔥🔥This week's highlights: Trump and Harris' first debate, CPI data is about to be announced, how should the market respond.
On September 11, Trump and Harris will have their first confrontation. The two will have a heated discussion on core issues such as economy and policy. Trump pushes for tax cuts, loosening financial regulation, and supporting traditional energy policies, while Harris tends to increase government spending, raise corporate taxes, and expand clean energy investment. The outcome of this debate will not only affect voters' voting intentions, but may also trigger market fluctuations in related industries. If Harris performs well, renewable energy, electric vehicles and other fields are expected to benefit; if Trump prevails, traditional energy sectors such as oil and natural gas may benefit.
CPI data revealed: Fed rate cut expectations re-emerge
After last week's stock market crash, U.S. stocks rebounded strongly on Monday, showing investors' reassessment of the economic outlook. On Wednesday, the U.S. August CPI data will be released, and the market expects the inflation rate to fall back to 2.6%. If the actual data is lower than this forecast, it will further enhance the market's expectations for the Fed's rate cut.
At present, the market generally believes that the Fed is more likely to cut interest rates by 25 basis points at the September meeting, but there is also the possibility of a 50 basis point cut. This data will directly affect the trend of assets such as the US dollar and gold.
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