China Industrial Production (YoY) above forecasts (5.6%) in November: Actual (6.6%)

Last week (9/4-9/8), the US Dollar Index rose by 0.82%, while most non-US currencies experienced a decline. Specifically, the Euro depreciated by 0.7% against the US dollar, and the Japanese Yen weakened by approximately 1.1%.

EUR/USD extends losses on ECB’s signaling the ending of the current rate-hike cycle.

Last week (8/28-9/1), the US dollar index rose by 0.2%. Non-US currencies showed divergent trends, with the Euro falling by 0.2% against the US dollar and the Australian dollar rising by 0.7% against the US dollar.

The U.S. will release the July PCE price report on Thursday, with market expectations of a 3.3% year-on-year increase in the July PCE price index and a 4.2% year-on-year increase in the core PCE. If the data exceeds expectations, it will negatively impact U.S. stocks but support the U.S. dollar. Conversely, if the data falls below expectations, it will benefit U.S. stocks but weaken the U.S. dollar.

Japan Consumer Confidence Index: 37.2 (December) vs 36.1

Last week (9/4-9/8), global stock markets mostly experienced a decline. In the US, the S&P 500 index fell by 1.29%, the Dow Jones Industrial Average dropped by 0.75%, and the Nasdaq 100 index declined by 1.36%. As for European stocks, the STOXX 600 index decreased by 0.76%.

Last week (8/28-9/1), global stock markets experienced a broad rally. In the US market, the S&P 500 index rose by 2.50%, the Dow Jones index increased by 1.43%, and the Nasdaq 100 index surged by 3.67%.

The continuous rise in US Treasury yields reflects at least one more interest rate hike expected within the year. Attention is focused on this week's July PCE inflation data and August non-farm payroll figures.

On Wednesday, August 23rd, after the US stock market closed, NVIDIA is set to release its latest financial report. Market expectations for NVIDIA's Q2 revenue are around $11.07 billion, representing a year-on-year growth of 65%. Earnings per share are anticipated to be $2.07, reflecting a year-on-year increase of 306%.

Downward trend for gold has been confirmed.

Gold will continue a downward trend.

Gold may consolidate or trade within a range.

Strong employment data in the US puts pressure on oil prices.

If it breaks below this level, bearish momentum will be activated.

In view of the weak economy and the downward trend in the inflation rate, the ECB is unlikely to raise its key interest rates further next week, and interest rates are also likely to remain unchanged at subsequent meetings.

The market expects a month-on-month increase of 0.4% in retail sales, while the control group rate used to calculate GDP is expected to be 0.5%.

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MKR's daily K-line chart has formed four consecutive positives. The bulls are relatively strong and have the opportunity to rise to 123 or even 13 million US dollars.

If it can hold $26,000 today, BTC is expected to continue to rebound higher.

Cryptocurrency has become a financial asset that the IMF and FSB have to pay attention to, and this proposal is a prerequisite for countries to formulate various crypto regulatory policies and actions in the future.