New Zealand second quarter labor cost index year-on-year

Trading has never been a matter of achieving results in one go. There is always the possibility of loss with any order. You must be able to endure loneliness in order to go far!

#TBC# completely cannot understand. Keeps going 📈

A luxury smartphone brand launched the world's first Web3.0 smartphone in London, featuring high-end materials and powerful configurations, equipped with a custom operating system and Blockchain functionality. The starting price is 25,800 yuan, while the top configuration is priced at 300,000 yuan. The industry has mixed reactions, considering its security outstanding but questioning its practicality.

Recently, the financial markets have witnessed a series of remarkable changes, breaking the previous Bear Market expectations. The Fed's interest rate cut expectations have suddenly surged, with the probability of a 25 basis point cut in September skyrocketing to 89.1%. Meanwhile, the CFTC and SEC, the two regulatory agencies, unexpectedly began collaboration, launching the "Encryption Sprint" joint initiative, bringing new vitality to the Crypto Assets market. Citibank has also joined the discussion, pointing out that the outlook for the U.S. economy may weaken and predicting that gold prices may see a moderate increase. More notably, Trump announced that he will nominate candidates to fill the vacancies on the Fed's Board of Governors in the near future. This series of events has injected a strong dose of confidence into the market, significantly improving investor sentiment and prompting capital to start moving. The change in market atmosphere feels like the air conditioning finally turning on during a scorching summer day, providing a refreshing sensation. Despite these exciting changes, investors still need to remain cautious. While policy shifts may bring short-term benefits, the long-term market trend still depends on more factors. We need to closely monitor subsequent economic data and policy movements to better assess the market outlook. In this variable environment, flexibly adjusting investment strategies will become particularly important.

With the arrival of August, financial markets are facing new challenges and uncertainties. The U.S. economy shows signs of slowing down, while trade tensions are heating up again, all of which are affecting investor sentiment. This week's key focus will be on the release of the PMI data for July. The S&P Global Services PMI and the ISM Non-Manufacturing PMI will provide further insights into the state of the U.S. economy. If these data continue to show weakness, it may trigger greater volatility in the market. Federal Reserve Chairman Powell is set to speak at the Kansas City annual meeting, and investors will closely watch for any signals regarding a potential interest rate cut in September. Against the backdrop of a labor market showing signs of fatigue, Thursday's unemployment claims data is also worth special attention. Technology stocks remain the focus of the stock market. With companies like Palantir and AMD set to announce their earnings, this could trigger a new round of market volatility. The cryptocurrency market has also experienced a wave of ups and downs. Bitcoin briefly fell to $112,000 over the weekend but then rebounded to around $114,500. Ethereum fluctuated between $3,400 and $3,560. Historical data shows that August is generally not a strong period for cryptocurrencies. For short-term operations, investors need to closely monitor whether Bitcoin can remain solid above the support level of $112,000, as well as whether it can break through the 4-hour moving average resistance. Ethereum is currently in a fluctuating range and still needs to wait for clearer directional guidance. Given the current market environment, it is recommended that investors maintain a flexible position management strategy in August. Closely monitor the impact of macroeconomic variables on market sentiment, avoid blindly chasing highs, and patiently wait for clearer structural opportunities to emerge. In this challenging month, caution and flexibility will be the keys to success.