Two major meetings this week:
1. CPI data will be released at 20:30 on Wednesday night. If it is lower than expected, it is positive. Otherwise, it is negative.
2. At 2 a.m. on Thursday, the Federal Reserve will announce the interest rate decision and economic forecast summary, and then Powell will give a speech.
Powell is a bit of a dog. Every time the data is released and before his speech, the market is always falling. Everyone should pay attention to it. If the data is positive, the market will go up!
If you want to increase your spot position, you can either wait for the CPI to be positive before increasing your position, or enter a position now to gamble, and then make up for it when it goes down.
It is expected that the market will be volatile in the next few days, and the market will change on Wednesday in Japan!
Recent economic data and expectations of interest rate cuts Although some economic data have performed well recently, and countries such as Canada have begun to cut interest rates, it is necessary to be aware that it is only the second quarter of this year, and it is unlikely that Federal Reserve Chairman Powell will choose to cut interest rates at this time.
In order to regulate market expectations, it is expected that the interest rate cut cycle may continue until around September. Of course, there are also a few possibilities, that is, to hype up an interest rate cut in July, and then gamble again in September and start a rate cut, thereby pushing the market to bottom out.
Pay close attention to market reactions. These expectations are temporary speculations. We need to pay close attention to Powell's feedback and the market's reaction to it. While waiting, we can be fully prepared and study the opportunities and risks in various investment areas so that we can make wise investment decisions at the right time. #第55期新币挖矿IO #美联储利率决策即将公布