Overnight Market Review (2022.7.27) The risk sentiment in the market fell significantly on Tuesday, as a number of U.S. economic data were less than expected, and in addition to the U.S. retail giant Walmart’s profit warning, some large companies’ Q2 results were also below expectations.
Concerned on Wednesday, the Federal Reserve is about to release an interest rate decision, and the market is expected to raise interest rates by 0.75%, followed by Fed Chairman Powell will also hold a press conference, investors need to pay close attention.
The International Monetary Fund (IMF) has also warned that the world economy could soon experience a complete recession. The global economic rebound is still faced with tightening monetary policy, Europe is plunged into an energy crisis due to the conflict between Russia and Ukraine, and restrictions caused by the new crown epidemic are unfavorable factors.
Trading strategy deployment: it is recommended to do more at low levels
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