🇺🇸🍿 FRS Pa, Chairman of the FRS will perform next week with a speech about the Fed’s policy. #macro

🇺🇸👀 #macro retail sales (July): 0.5% (before: 0.6%)

🇺🇸📉 Bitcoin Archive: The US dollar has currently lost ~ 10% of its cost this year. #macro

🇺🇸👀 #macro #FOMC FRS meeting protocols:
- most representatives of the Fed considered appropriate to maintain the interest rate without changes (except Bowman and Waller) and expect an increase in inflation in the short term;
- Vulnerabilities in the sector of hedge funds, stablecoins and non-bank creditors require monitoring.

🇺🇸👀 #macro USA:
- Initial Jobless Claims: 235 thousand (before: 224 thousand);
- Philadelphia Fed manufactoring index (Aug): -0.3 (before: +15.9)

🇺🇸👀 #macro USA (August; Beds):
- S&P Composite PMI: 55.4 (before: 55.1);
- S&P ManUFACTURING PMI: 53.3 (before: 49,8);
- S&P Services PMI: 55.4 (before: 55.7).

🇺🇸👀 #Macro traders now believe that the probability of reducing the Fed’s rate in September has decreased to 77%.

🇺🇸🍿 #Macro Powell:
- It is possible to soften the DCP if the labor market allows;
- the labor market is softened, the economy slows down;
- changing the balance of risks may require adjustments politicians

🇺🇸👀 #Macro traders now believe that the probability of reducing the Fed’s rate in September increased to 90%.