This week's macro preview is here ‼️

The focus is still on inflation, monetary policy, and oil prices
📅 Tuesday 20:30 (UTC+8)
US releases manufacturing and services PMI
Although not inflation data, rising oil prices will push up costs with more direct impact on manufacturing. This is a key item to watch
📅 Wednesday 15:00 (UTC+8)
ECB President speech
The market is currently pricing in approximately 75 basis points of rate hikes this year
This speech is very crucial - will they remain hawkish or soothe the market?
📅 Wednesday 22:30 (UTC+8)
US crude oil inventory data
Against the backdrop of sustained rising oil prices, inventory changes will directly impact near-term trends
Key focus on WTI crude oil
📅 Thursday 20:30 (UTC+8)
US initial jobless claims
Observe whether employment is weakening, impacting market's judgment on the rate path
📅 Friday 09:00 (UTC+8)
Philip Jefferson speech
As the number two person at the Federal Reserve
His statements often signal policy direction
Key focus on whether he cools the market
🌍 Weekend and ongoing attention
Middle East situation moderating in the short term
But the core variable remains the Strait of Hormuz transit situation
This is one of the most critical switches for oil prices
Overall view
Next week's main theme is still oil prices, rate expectations, and sentiment dynamics
There's volatility, and there are opportunities
@TermMaxFi