Terror Data+Powell Attack, Market May Generate Significant Fluctuations

BlockBeats News: On May 15th, at 20:30 tonight, the United States will release retail sales data ("Horror Data") and the Producer Price Index (PPI). These data may greatly affect market expectations for future interest rate cuts by the Federal Reserve. Weaker than expected US PPI and retail sales data may reignite the Fed's dovish expectations, hitting the US dollar and providing much-needed support for gold prices. To prepare for the impact of US tariffs in advance, the retail sales data released tonight is expected to increase significantly (although there are also voices suggesting that the data may not be as expected), and the PPI inflation rate in the United States in April may drop to 2.5% per year. From the perspective of data foresight, the interpretation of these two big data tonight may contradict each other, making it difficult for investors to draw directional conclusions. Ten minutes after the release of these two routine important data, Federal Reserve Chairman Powell will appear at 20:40 to deliver the opening speech for the second Federal Reserve Thomas Laubach Research Conference. This conference will focus on research on monetary policy and the economy, and is expected to provide an academic perspective for the Federal Reserve's commitment to conduct a review of the monetary policy framework every five years. The conference will last until the 16th. (Golden Ten)