The Zhitong Finance App learned that with the latest US retail sales and consumer confidence data both weakening, the market's expectations that the Federal Reserve will continue to raise interest rates in September have cooled down further. The weak performance of a series of economic and inflation data this week prompted traders to clearly lower their bets on the Federal Reserve's further tightening of monetary policy.

The Zhitong Finance App learned that with the latest US retail sales and consumer confidence data both weakening, the market's expectations that the Federal Reserve will continue to raise interest rates in September have cooled down further. The weak performance of a series of economic and inflation data this week prompted traders to clearly lower their bets on the Federal Reserve's further tightening of monetary policy.