Fed Rate Hike Probability Drops to 44%, U.S. July CPI to Be Released
Prefer us on Google
On August 8, the reopening of the Strait of Hormuz led to a significant drop in oil prices, and the unexpected decrease in U.S. non-farm payrolls for July caused the market's probability of a Fed rate hike in September to fall from about 55% to 44%. The three major U.S. stock indices recorded their largest weekly gain since mid-April, while spot gold rose to $4,370 per ounce. Next week, the earnings season for U.S. semiconductor companies will come to a close, with AI technology stocks being highly sensitive to the upcoming earnings reports from Applied Materials (AMAT), Cisco (CSCO), and CoreWeave (CRWV). The focus will shift to inflation data, with the U.S. July CPI and core CPI set to be released on Wednesday, testing whether rate hike expectations can continue to cool. The PPI will be released on Thursday, followed by retail sales and the Michigan Consumer Sentiment Index on Friday. There are still divisions within the Fed, with Chairman Waller remaining silent, and the market will closely monitor officials' speeches and independence risks. Key events next week include: on Monday, the Bank of Japan will release the summary of opinions from its July monetary policy meeting; on Tuesday, the ADP employment numbers for the week ending July 25; on Wednesday, CoreWeave (CRWV) earnings call, U.S. July CPI, and EIA crude oil inventories for the week ending August 7; on Thursday, Cisco (CSCO) earnings call, initial jobless claims for the week ending August 8, and U.S. July PPI; on Friday, Applied Materials (AMAT) earnings call, U.S. July retail sales month-on-month, and the preliminary Michigan Consumer Sentiment Index for August.
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like
Bhutan Sells More 435 BTC and Transfers $280,000
Trump Promises to Appeal to Supreme Court After Judicial Defeat Over His White House Ballroom
The US says it has a Bitcoin reserve, but nobody can agree on how much it owns
Why trillion-dollar asset manager T. Rowe Price put memecoins in its crypto ETF
Ant Group Launches AI Model with 124 Billion Parameters Surpassing Its One Trillion Giant
Morgan Stanley ETF buys $15M Bitcoin during dip
Job Fragility: The Probability of Keeping a Job Has Fallen to the Lowest Level in a Decade
Aztec bridge exploiter moves 300 ETH to Tornado Cash
Follow the Money: Over $3 Billion in Investments, Acquisition of Global Ledger, and a Quiet Corporate Sector
SDE ep. 41: Bitcoin Self-Custody After ColdCard
[Editorial] In a Market Where Uncertainty is the Norm, 'Resilience' Ultimately Determines Success
SharpLink Gaming and Galaxy Digital Establish On-Chain Yield Fund to Generate Active Returns through DeFi
"A Golden Opportunity for Bitcoin" … Besant's Gamble Shakes the Forex Market
Divergence of Regulatory Token Protocol Standards: Issuance, Compliance, and Integration Each Play Their Role
Franklin Templeton Joins the Exclusive Circle of Super Validators on Canton Network
Firmus to Accelerate Asia-Pacific Growth with $2 Billion Investment
Korean Stock Market AI Bull Run Retreats, Leveraged Investors Face Massive Withdrawals
Cybersecurity: Crypto Stealer for macOS, Wi-Fi Surveillance in Hotels, and Major Leaks of the Week
Stablecoin: 300M users, apps like Rizon bring dollar services to 122 countries
FBI Agent Uses Mnemonic to Steal Millions in Cryptocurrency
Wall Street's Sharp Commentary on Non-Farm Payrolls: This Report is Terrifying
Century-Old Asset Logic Favors SpaceX
Anxiety and Anticipation: SK Hynix's Stock Price Declines but Remains Favorably Viewed by Institutions, Market Focuses on HBM4 Technology Moat
Moonshot AI Restructures Equity and Introduces State-Owned Investors to Obtain Regulatory Approval for Hong Kong Listing
Tips for Making the Most of Your Dollars in the United States: Keys to Avoid Overspending on Your Trip
Essential Guide for Entrepreneurs: Hong Kong Government Offers Startup Subsidies of Up to HKD 1 Million
Central Bank imposes 24-hour hold on cryptocurrency transfers
Bitcoin’s AI security sprint found 6,700 issues in 55 hours, but no one knows how many are real
Researchers Discover Over 10,000 Vulnerable Public Entities in Poland
North Korean Infiltration Detected in 1,640 Companies to Steal Cryptocurrencies
Bhutan Sells More 435 BTC and Transfers $280,000
Trump Promises to Appeal to Supreme Court After Judicial Defeat Over His White House Ballroom
The US says it has a Bitcoin reserve, but nobody can agree on how much it owns
Why trillion-dollar asset manager T. Rowe Price put memecoins in its crypto ETF
Ant Group Launches AI Model with 124 Billion Parameters Surpassing Its One Trillion Giant
Morgan Stanley ETF buys $15M Bitcoin during dip
Contents
Latest articles
Latest coin listings on WEEX
