The expectation of the Federal Reserve's interest rate cut has risen, and global asset risk appetite has rebounded

ChainCatcher news, according to Jinshi reports, the research report from Galaxy Securities pointed out that although the U.S. August CPI data has rebounded, it overall meets market expectations, and inflation remains within a controllable range. At the same time, last week's initial jobless claims unexpectedly rose to 263,000, reaching a nearly four-year high. This combination of signals further strengthens the market's expectations for the Federal Reserve to begin a rate cut cycle within the year, and it is anticipated that the dollar will weaken in the future, driving funds towards non-U.S. markets, especially emerging markets and high-yield assets, thereby enhancing global risk appetite.