The US dollar rate cut is confirmed.

As usual, only look at the macro:

1️⃣ Shocking thunder: Bank of Japan urgently sells 64 billion US bonds.

2️⃣ US counterattack: Citibank gave a bearish rating on the Japanese stock market.

Japan sells US bonds once and twice, which is the beginning of the decline of US dollar hegemony. Now the United States cannot afford not to cut interest rates in September.

Today's big drop, its logic is the same as the big drop caused by Europe's early interest rate cut a few days ago, both of which are the United States starting to counter, and the United States wants to achieve the effect of raising interest rates by not raising interest rates.