⭐Powell and "terrifying data" make their appearance together, tonight the financial markets will welcome the "king bomb" moment!

Tonight at 20:30, the market is about to face a storm - the highly anticipated "terrifying data" of the US retail sales figures and the Producer Price Index (PPI) will be released. These two sets of data have always been a key window into the health of the US economy, and they will directly influence the market's expectations for the Federal Reserve's future interest rate cuts, becoming a decisive factor in the tug-of-war between gold, bitcoin, and the US dollar.
Just ten minutes later, Federal Reserve Chairman Jerome Powell will appear at 20:40 for the opening remarks of the second Federal Reserve Thomas Laubach Research Conference. This conference focuses on monetary policy and economic research, injecting academic wisdom into the Federal Reserve's five-year review of its monetary policy framework. Investors are particularly interested in whether Powell will reveal key signals regarding the future path of interest rate cuts in his speech, which will indicate the direction for subsequent market trends.
In this game intertwined with data and discourse, gold and Bitcoin investors hold their breath. Whether betting on the safe-haven properties of precious metals or optimistic about the potential of cryptocurrencies, tonight's two major events could become key variables that break the current market situation, and a dramatic fluctuation in the financial market is brewing!