According to Wu Blockchain, the annual rate of the US core PCE price index in July last week was 2.6%, lower than expected; this week, the focus is on the US non-farm payrolls report in August. The non-farm data in July was far below expectations, which has triggered the market to trade in recession and bet on the Fed to accelerate the pace of interest rate cuts. The US unemployment rate in August (20:30, UTC+8) and the seasonally adjusted non-farm payrolls in August (10,000 people) (20:30, UTC+8) will be announced on September 6.