Yellen and Powell agree: the US labor market is weakening the push for inflation, and inflation pressures may continue to ease.

The current labor market is no longer the primary factor driving inflation in the US economy, as it was in the early stages of the pandemic recovery.

Zhitong Finance19:44 ET

Citigroup and JPMorgan's bullish US bond trading strategy is expected to receive further boost from CPI.

Before this important inflation data is released this week, some Wall Street giants believe that trading strategies that are expected to take the upper hand this year are gathering momentum.

環球市場播報Jul 8 12:35 ET

USD: Inflation and Powell in Focus This Week – ING

The dollar is modestly stronger out of the weekend as a surprise win of the left-wing alliance in the French second-round legislative elections sent European currencies lower and fuelled some safe-haven demand, with the Japanese Yen (JPY) and Swiss franc (CHF) rising, ING’s analyst Francesco Pesole suggests.

FXStreetJul 8 09:37 ET

Bullish on the big transaction, causing a buzz in the market. This is probably the most important trade in the second half of the year.

Wall Street major banks have collectively spoken out, stating that the normalization of the US yield curve - where the slope becomes steeper - will be the most important trade in the second half of this year.

wallstreetcnJul 8 09:32 ET

From "to cut or not to cut interest rates" to "who will be elected", predicting this business has become popular!

From new movie reviews to key economic data, from Federal Reserve rate cuts to US elections... Predicting markets is quietly rising.

wallstreetcnJul 8 08:34 ET

The US Federal Reserve has been slow to cut interest rates, and the size of the US money market has surpassed 6.15 trillion US dollars, reaching a new high.

In the week ending on the 2nd, there was a inflow of approximately $51.2 billion into the US fund market, the largest inflow in three months. Some analysts pointed out that as long as the Federal Reserve continues to hold steady, funds will continue to flow into currency funds.

wallstreetcnJul 4 08:23 ET