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Tonight’s market top priority—June CPI data is about to be released!
All kinds of global trading markets will closely watch this key inflation report, as overseas labor statistics agencies will publish the full June CPI data at 20:30 Beijing time.
At this stage, the interest-rate market-implied probability of a July rate hike is already nearing 50%. Whether tonight’s CPI number turns out strong or weak will directly change the overall approach to subsequent monetary policy, and it will also drive sharp volatility in market positions—so in terms of execution, be sure to manage your position size properly. #摩根士丹利增持千枚BTC $BTC