Next Thursday will be a key moment for the financial markets, with two major events set to dominate the market direction:

First of all, the highly anticipated high-level meeting between China and the United States will be held in Kuala Lumpur. The focus of this discussion is undoubtedly on tariff issues, as November 10 marks the end of the current tariff ceasefire period. If negotiations progress smoothly, it may bring positive signals to the market.

Secondly, the Federal Reserve will announce its latest monetary policy decision. Given that it hinted at a possible rate cut in September in July, the market generally expects a 25 basis point cut to be announced this time. However, what is more noteworthy is the subsequent remarks from Fed Chairman Powell, which will provide the market with more clues about the future direction of monetary policy.

Even if the results of the China-US talks do not meet expectations, the market need not be overly pessimistic. The previous threat from the US side to impose a 150% tariff on port equipment in November is likely just a bluff. The reason is that domestic production capacity in the US is difficult to meet demand, and European alternatives are not only expensive but also relatively slow in supply. If high tariffs are truly implemented, it may damage the interests of the US itself.

The results of these two major events will have a profound impact on the global financial markets, including traditional assets and the emerging cryptocurrency market. Investors should closely monitor the developments and adjust their investment strategies in a timely manner.