On August 11, CME's "Fed Watch" data revealed that the probability of the Fed keeping interest rates unchanged in September is 9.3%, while the probability of a 25 basis point rate cut reaches 90.7%. Additionally, the probability of the Fed keeping interest rates unchanged in October is 4.5%, the cumulative probability of a 25 basis point rate cut is 48.9%, and the cumulative probability of a 50 basis point rate cut is 46.5%.



The rebound in the U.S. stock market this week may be tested by important inflation data, with CPI data set to be released on Tuesday and PPI data scheduled for Thursday. If the U.S. inflation data comes in higher than expected, it could leave investors hesitant and hinder the rally in U.S. stocks that has lasted for several months, reigniting concerns about stagflation. During stagflation, both inflation and unemployment rates rise.

At the same time, talks regarding Ukraine may affect various aspects from sanctions to energy markets to arms sales. Stephen Innes, the executive partner of SPI Asset Management, stated in a research report over the weekend: "The market feels like it will shift from a smooth glide to an edge of turbulence in the coming week, with macro trends and geopolitical winds potentially changing rapidly." In the early session of the Asian market, Dow Jones index futures rose by about 60 points, an increase of 0.1%. S&P 500 index futures and Nasdaq 100 index futures also saw slight gains.

The South Korea Composite Stock Price Index opened up 0.3%. The Japanese stock market is closed today due to a holiday. News of the U.S. government imposing tariffs on imported gold bars has triggered severe fluctuations in the international financial market. Following the announcement in Washington of a 39% tariff on Swiss imports, a report by the Financial Times on August 8 disclosed that a ruling letter issued by U.S. Customs and Border Protection on July 31 clearly classifies 1-kilogram and 100-ounce gold bars under a tariff code that requires a higher tax.

The New York Times reported that this means relevant gold bars from Switzerland will face a 39% tariff. This news caught Wall Street off guard, as the market generally expected gold bars to be tax-exempt. However, the White House quickly denied the tariff plans, calling the reports "misinformation" and promising to issue an executive order for clarification. Although the White House tried to quell the storm, the formal ruling letter from the U.S. Customs and Border Protection Agency contradicted the statements from the administration, further escalating market concerns. Bitcoin broke through $119,000. Crude oil futures fell. The Intercontinental Exchange (ICE) dollar index, which measures the dollar against six other major currencies, rose slightly. On the news front, U.S. President Trump will meet with Russian President Putin in Alaska on Friday to discuss a potential ceasefire agreement in Ukraine.

On August 11, CME's "Fed Watch" data revealed that the probability of the Fed keeping the interest rate unchanged in September is 9.3%, while the probability of a 25 basis point rate cut reaches 90.7%. In addition, the probability of the Fed keeping the interest rate unchanged in October is 4.5%, the cumulative probability of a 25 basis point rate cut is 48.9%, and the cumulative probability of a 50 basis point rate cut is 46.5%.

The rebound of the US stock market this week may be tested by important inflation data, with CPI data set to be released on Tuesday and PPI data scheduled for Thursday. If US inflation data exceeds expectations, it may cause investors to hesitate and obstruct the upward trend of the US stock market that has lasted for several months, reigniting concerns about stagflation. During stagflation, both inflation and unemployment rates rise. At the same time, discussions regarding Ukraine may impact various aspects from sanctions to the energy market to arms sales. Stephen Innes, managing partner at SPI Asset Management, stated in a research report over the weekend: "The market feels like it will shift from a smooth glide to a turbulent edge within the next week, with macro trends and geopolitical winds potentially changing rapidly." In early trading in the Asian market, Dow Jones futures rose about 60 points, up by 0.1%. S&P 500 futures and Nasdaq 100 futures also saw slight gains.

The South Korea Seoul Composite Index opened up 0.3%. The Japanese stock market is closed today for a holiday. News of the U.S. government imposing tariffs on imported gold bars has triggered intense fluctuations in the international financial market. Following the announcement in Washington of a 39% tariff on Swiss imports, a report by the Financial Times on August 8 revealed that a ruling issued by U.S. Customs and Border Protection on July 31 stated that 1-kilogram and 100-ounce gold bars should be classified under a tariff code that requires a higher tax.

The New York Times reports that this means relevant gold bars from Switzerland will face a 39% tariff. This news caught Wall Street off guard, as the market generally expected gold bars to be tax-exempt. However, the White House immediately denied the tariff plan, calling the relevant reports "misinformation" and promised to issue an executive order for clarification. Despite the White House's attempts to calm the situation, the formal ruling letter from U.S. Customs and Border Protection contrasted with the administrative department's statements, further intensifying market concerns. Bitcoin broke above $119,000. Crude oil futures fell. The ICE ( U.S. Dollar Index, which measures the dollar against six other major currencies, rose slightly. On the news front, U.S. President Trump is set to meet Russian President Putin in Alaska on Friday to discuss a potential ceasefire agreement in Ukraine. ) #Gate & WLFI USD1 积分计划# #特朗普允许401(k)投资加密货币# #Gate跟单训练营晒单赢$2,000# #BTC# .
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