Today, the dual currency has expired.

CN
Phyrex
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2 hours ago

Today the dual currency has expired, but I did not purchase any products this time, precisely because the recent market conditions make me feel that there may be fluctuations, especially the inflation expectations triggered by the continued rise in oil prices, as well as Friday's CPI data, which have made me somewhat worried. If I buy at an interest rate with more than a 5% drop, it may even yield less than what the exchanges offer. If the purchase is for a long time, I worry I might miss some opportunities, so I plan to stay put for now.

Currently, Trump is engaging in some enigmatic events. Iran attacked the U.S. fleet in the Strait of Hormuz, but the U.S. has not yet made a clear statement; I don't know if it's due to the holiday. Moreover, amidst all his troubles, Trump is now provoking Canada; perhaps my vision is too shallow and my perspective too narrow, but I really cannot understand how what he is doing now helps lower inflation.

Today is Labor Day in the United States, and the markets are closed, so the market fluctuations are not too severe. What I am more worried about is if Trump still does not make a statement tomorrow, what kind of attitude the market will adopt, especially since oil prices continue to rise. This implies that if the issues with Iran cannot be resolved before the October FOMC meeting, the Federal Reserve may truly raise interest rates.

If the issue is not resolved before the September FOMC meeting, I am even more concerned that the Fed's voting committee will intimidate the market through the dot plot.

@Gate Crypto, U.S. stocks, Hong Kong stocks, South Korean stocks, gold, CFD, one-stop trading for market predictions


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