Next week's macro outlook: New tariff red line triggers the "final battle"

2025/08/02 17:31

PANews reported on August 2nd that market risk sentiment was optimistic this week, as reports of a trade breakthrough between the EU and the US triggered a sharp rise in global markets. Consequently, the US dollar was strongly sought after, while the euro and yen fell significantly as the US trade position improved and funds rotated into US dollar assets. The confusing non-farm payroll report, accompanied by mixed revisions, impacted various asset classes. Bonds and gold rallied due to safe-haven demand. Gold surged $40 after the non-farm payroll report, erasing all previous losses and closing the week at $3,363 per ounce, up 0.79%. The following are key market points to watch in the new week:

Tuesday 21:45, the final value of the US July S&P Global Services PMI

At 03:10 on Thursday, Daly, President of the San Francisco Fed and a 2027 FOMC voter, delivered a speech.

At 20:30 on Thursday, the number of initial jobless claims in the United States for the week ending August 2nd

At 10:00 PM on Thursday, 2027 FOMC voting member and Atlanta Fed President Bostic will participate in a fireside chat.

At 23:00 on Thursday, the New York Fed’s 1-year inflation forecast for July

At 22:20 on Friday, 2025 FOMC voting member and St. Louis Fed President Moussallem will deliver a speech

The new tariffs will not take effect until August 7th, instead of the previous date of August 1st, giving countries another window to try to negotiate a reduction in tariffs. Furthermore, while two governors voted in favor of a 25 basis point rate cut, the overall tone of the statement and Powell's comments was very neutral, suggesting that while the Fed has left the door open for a September rate cut, it has not ruled out raising rates if higher tariffs and a tightening labor market lead to further inflation.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Cryptocurrency Mining Machines Have Become Scrap Metal, But This “Zero-Equipment Mining” Method Has Quietly Become Popular

Cryptocurrency Mining Machines Have Become Scrap Metal, But This “Zero-Equipment Mining” Method Has Quietly Become Popular

The rise in Bitcoin is just an appearance. What really attracts stable money is this type of low-threshold, replicable computing power contract model. DEAL Mining , an innovative platform in the global blockchain finance sector, has officially launched its next-generation mobile cloud mining application, which aims to completely simplify the cryptocurrency mining process and bring real daily passive income to users. The platform does not require mining machines, does not require technical barriers, and does not even require large advance payments. It allows users to participate in mining remotely through their mobile phones, making the crypto-income system that was previously only operated by institutions simple, equal and efficient. A mobile phone, dig out your daily income In this era of accelerated digitalization, DEAL Mining provides a refreshing choice: turn your smartphone into a “mining machine” that can run anytime, anywhere. Mining is no longer exclusive to technicians, but an asset appreciation tool that everyone can master. DEAL Mining is completely cloud-based and does not rely on local hardware devices. The operation interface is intuitive and smooth, and all calculations are completed in the background. Simply activate the mining contract and users can receive digital currency income issued by the platform every day. Subverting the traditional cloud mining method DEAL Mining is supported by clean and renewable energy, striking a balance between stability and environmental protection. The system selects the most profitable coins for mining in real time, allowing users to continue to make profits without manual intervention. The main features of the platform include: 100% automated cloud mining: After activating the contract, the system operates around the clock without any technical background. Multiple currency options: Users can choose to settle their earnings in mainstream currencies such as BTC, ETH, DOGE, XRP, SOL, USDT, USDC, etc. Green energy driven: All data centers use clean energy, which is in line with the global green financial development direction. Bank-level security standards: Cooperate with security companies such as McAfee® and Cloudflare® to ensure the security of user assets and data. Global coverage: Currently serving 200+ countries and providing 24-hour multi-language support. How to get started with DEAL Mining? It only takes three steps to start your automatic mining journey: 1. Register an account: New users can get a $15 registration bonus. No top-up is required. You can receive $0.60 per day. 2. Choose a contract: The platform provides a variety of flexible contracts, ranging from short-term trials to high-return long-term plans, and supports US dollar denominated. 3. Start mining: The system starts immediately after the contract is activated, and daily income is automatically settled. When the balance reaches $100, it can be withdrawn or reinvested. Stable peg to the US dollar, free and flexible settlement Although the platform contracts are denominated in US dollars to ensure stability, users can use a variety of crypto assets for recharge, including BTC, ETH, DOGE, XRP, USDT, SOL, LTC and other mainstream currencies. All recharge amounts will be converted into US dollars instantly to protect users from currency price fluctuations; when withdrawing, the system can automatically convert US dollars back to cryptocurrencies at the real-time exchange rate, which is flexible and efficient. Who is suitable for DEAL Mining? The platform is not for tech geeks, but is designed for a wider range of people: ⦁Newcomers to the crypto market: no need to configure mining machines, and no need to worry about market fluctuations; ⦁Workers: want to generate passive income through mobile phones in their spare time; ⦁Family users: are looking for a low-risk, sustainable digital sideline; ⦁Retirees and students: hope to obtain stable growth with small investments; ⦁Investors and business owners: hope to obtain more flexible and automated income channels through efficient deployment of funds. About DEAL Mining DEAL Mining is a global mobile cloud mining platform dedicated to creating a simple, efficient and environmentally friendly digital asset value-added channel. The platform follows global compliance standards and adopts advanced blockchain technology to provide users with a safe and transparent profit experience. It not only lowers the threshold for mining, but also uses actual profits to allow more people to take the initiative in digital wealth. In the past, mining meant noise, heat, and high investment; now, it only requires a mobile phone.In an environment where the price of coins fluctuates repeatedly, cloud mining platforms like DEAL Mining provide a robust path that does not rely on speculation or betting on market fluctuations. For those who want to enter the crypto world in a more controlled way, this “zero-equipment” mining method may be the entrance they have been waiting for.
Share
CryptoNews2025/08/02 19:52