
Traded Value
Likes ReceivedBefore the September interest rate meeting, there is still one important data that may influence the magnitude of the rate cut.
The US August retail sales month-on-month rate, known as the "scary data," will be released at 20:30 tonight.
At a time when the probabilities of a 25-basis-point and 50-basis-point cut are neck and neck, any deviation in the data could tip the scales.
If it meets expectations, the impact will be minimal; if it deviates significantly from expectations, it could also influence the magnitude of the rate cut.
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