This week, a large amount of economic data will be released, attracting significant market attention. On Tuesday, the July US CPI data will be announced, which is a key indicator for measuring inflation trends. On the same day, Fed official Barkin will deliver a speech to interpret the current economic situation.

Thursday is also worth following, as two important figures from the Fed, Goolsbee and Bostic, will respectively share their views on monetary policy and the economic outlook. In addition, the August PPI data will be released, which is another important inflation indicator. At the same time, the number of initial jobless claims from last week will also be announced, reflecting the state of the labor market.

On Friday, multiple economic data will be released, including July retail sales, import price index, August consumer confidence preliminary value, and inflation expectations for the next year. This data will comprehensively reflect the economic operating conditions and consumer sentiment.

It is worth mentioning that Trump nominated Stephen Miran to serve as a Fed governor, with a term ending in early 2026. Miran has previously shown a supportive attitude towards cryptocurrency, believing it contributes to economic development, innovation advancement, and inflation control. This nomination still requires Senate approval.

This week's market focus is mainly on the CPI and PPI data on Tuesday and Thursday, as well as retail sales and consumer confidence index on Friday. If these data show inflation pressures higher than expected, it may affect the market's expectations for interest rate cuts. Investors should closely monitor these economic indicators to adjust their investment strategies in a timely manner.