Spot gold has surpassed $4,440 per ounce, marking a new high since June 5, with an intraday increase of 1.66%.

Nasdaq 100 futures rose by 1%; S&P 500 futures increased by 0.5%.

On August 12, Bank of America announced the launch of a critical infrastructure financing initiative, planning to invest $250 billion in U.S. digital and infrastructure projects to celebrate the 250th anniversary of the founding of the United States. The initiative aims to strengthen and modernize the nation's infrastructure, support energy security, and enhance job opportunities and economic competitiveness.

According to prediction market Ploymarket, the probability of a Federal Reserve rate hike in September has dropped to 34% following the release of CPI data. This is the lowest probability for a September rate hike since July 17, and is only half of what it was on that date.

Matheus Dibo, head of investment strategy for Europe, the Middle East, and Africa at Goldman Sachs, stated that the Federal Reserve is likely to maintain interest rates unchanged throughout 2026, with inflation risks expected to ease in the second half of the year. "Clearly, the market is still digesting the expectations for interest rate hikes, but we actually disagree with this view and believe that the Fed will keep rates unchanged for the foreseeable future," Dibo said in an interview on Wednesday. He noted that the inflation data released earlier this year was influenced by oil prices, the World Cup, and tariffs, but there are currently few signs that inflation will spread throughout the remainder of 2026. Dibo added that, given trends in the housing market, housing inflation should also ease. (Bloomberg)

Market data shows that BTC has fallen below $64,000, currently priced at $63,996.44, with a 24-hour decline of 0.52%. The market is experiencing significant volatility, so please ensure proper risk management.

On August 12, Goldman Sachs stated that the performance of the U.S. Consumer Price Index in July is 'encouraging'.

On August 12, it was reported that the US unadjusted CPI year-on-year for July recorded a 3.4% increase, the smallest rise since March, which aligns with market expectations. (Jin Shi)

Spot gold has dropped $50 in the short term and is currently reported at $4,399 per ounce.

On August 12, market analyst Chris Anstey stated that the overall and core CPI data for the U.S. in July fully met expectations. In simple terms, these monthly figures do not trigger an inflation alarm and are generally in line with the Federal Reserve's targets. Waller can breathe a sigh of relief for now. However, what he truly needs is for the August inflation report to deliver similar numbers, but it is still 'too early for that.' (Jin Shi)