United States retail sales data for July are released tonight, or affect Fed interest rate reduction expectations

THE UNITED STATES RETAIL SALES DATA FOR JULY WILL BE RELEASED TONIGHT AT 2030 (UTC+8), WITH THE MARKET PREDICTING AN INCREASE OF 0.1 PER CENT IN THE MONTHLY RETAIL SALES RATE. THE DATA REFLECT THE CONSUMER WILL AND PURCHASING POWER OF UNITED STATES RESIDENTS. AGAINST THE BACKDROP OF INCREASED INTERNAL FED DIVISIONS AND THE FALL IN INTERNATIONAL GOLD PRICES FROM $4,400/OUNCE, DATA ARE STRONGER THAN EXPECTED TO PUSH UP THE DOLLAR AND PRESS DOWN INTEREST-RATE EXPECTATIONS, AND DATA ARE WEAKER THAN EXPECTED TO EXACERBATE RECESSIONARY FEARS AND BOOST PRECIOUS METALS AND RISK AVOIDANCE。