The big market is coming at 20:30 tonight🤓
The operation prediction direction has been given, will the market perform according to the script❓❗️
Wall Street's expectations for tonight's CPI data:
After the unexpected decline in CPI in June, institutional economists currently surveyed by the media expect that the overall CPI in July is expected to rise by 0.2% month-on-month (higher than the decline of -0.1% last month) and 3.0% year-on-year (the same as 3.0% in June).
Excluding volatile energy and food prices, the core CPI in July is expected to rise by 0.2% month-on-month (higher than the previous value of 0.1%) and 3.2% year-on-year (lower than the previous value of 3.3%).
It is worth noting that before tonight, the actual published value of the US core CPI month-on-month data has been lower than the market forecast for three consecutive times-this is the longest such experience since the COVID-19 crisis.
Whether this scene will continue tonight is worth noting. At the same time, an important observation point⚠️The pre-market data of US stocks is also worthy of our reference for operation❗️
