From tonight until early tomorrow, the global financial markets are about to usher in a series of important economic data and policy announcements, which may trigger significant market fluctuations. Investors need to closely follow the following key time points and data:

First, the initial jobless claims will be announced in the U.S. at 20:30. If employment data continues to be weak, it may strengthen the market's expectations for a shift in the Federal Reserve's policy. At the same time, the year-on-year core PCE price index will also be released, which is an important indicator for measuring inflation. The direction of this data may affect the market's judgment on future interest rate policies.

At 02:00 the next morning, the FOMC will announce its interest rate decision, which is undoubtedly the most anticipated event of the evening. The Federal Reserve's decision will guide the market and may trigger significant fluctuations in the dollar, U.S. Treasuries, gold, and crypto assets. Following this, at 02:30, Federal Reserve Chairman Powell will hold a press conference, and every word he says may contain important market signals.

In addition, at 22:30, data related to crude oil will be released, including Cushing crude oil inventories and Strategic Petroleum Reserves (SPR). This data may affect oil prices, which in turn could influence overall inflation levels and market risk appetite.

This night holds special significance for different types of investors. Macro traders can use it to gauge future inflation trends, cryptocurrency investors need to follow the impact of the Federal Reserve's decisions on market liquidity, while traders of commodities such as gold and oil must prepare for potential fluctuations.

Overall, the significance of this night is self-evident. It could become a key moment in determining the future market direction, as a rate decision is likely to trigger a new round of asset repricing. Therefore, investors may need to stay vigilant tonight and closely follow market trends.