This week will see the release of a series of key data:

1⃣️Wednesday: July ADP employment will be released, which is an important indicator of private sector employment.

2⃣️Thursday morning: The Federal Reserve will announce its interest rate decision, which is one of the most watched events in the market and may clarify the future direction of monetary policy.

3⃣️Thursday evening: Weekly initial jobless claims will be released, reflecting the real-time dynamics of the labor market.

4⃣️Thursday: ISM manufacturing PMI will also be released, which is a key indicator of manufacturing activity.

5⃣️Friday: July unemployment rate and seasonally adjusted non-farm payrolls data will be disclosed.

Considering the previous data performance and the market's increased expectations of interest rate cuts, it is necessary to be vigilant about the risk of unexpected weakening in next week's data, which may cause market fluctuations. If the data shows slower economic growth or a weak job market, it may strengthen the market's expectations for the Fed to cut interest rates, thereby affecting asset prices, especially interest rate-sensitive assets.