The latest economic data released for August shows a rising trend in inflation expectations, however, the consumer confidence index is slightly below market expectations. This phenomenon causes the economic situation to revert to the state of weak soft data from a few months ago, and it is expected to have a certain impact on market sentiment. In the short term, the financial market may continue to show a volatile trend.

Looking ahead, the market focus will be on the upcoming global central bank annual meeting. The speech by the Federal Reserve Chairman is undoubtedly one of the most anticipated segments. Investors and analysts are eager to hear how he interprets the contradiction between the unexpectedly strong growth in the services sector in July and the lower-than-expected commodity inflation, as well as whether he will provide clear guidance on the future trajectory of interest rates.

The importance of this annual meeting is self-evident. It will not only influence the short-term market direction but may also set the tone for monetary policy in the near future. How will the central bank's decisions weigh the balance between inflationary pressures and the demand for economic growth? The answer to this question may gradually become clear during the annual meeting.

Overall, the current economic situation is complex, with both positive signals and numerous challenges. Market participants need to remain vigilant, closely monitor changes in various economic indicators, and pay attention to the latest statements from policymakers to be well-prepared for potential market fluctuations.