Tonight's financial markets face a double blow! Horrific Data + Tariff Decision Showdown Night

At 21:30 Beijing time tonight, the so-called "horrific data"—the US November Retail Sales and PPI reports—will be released simultaneously. Coupled with the Supreme Court's tariff legality ruling window, global markets will face a dual risk test!

Market expectations are for November retail sales to increase by 0.4% month-on-month, a rebound from previous figures, while the impressive performance of online sales during "Black Friday"—over 23% (Adobe Analytics data)—may support consumption data. However, PPI data contains uncertainties; earlier November core PPI rose more than expected month-on-month, and the sticky inflation pressure from a 3.3% surge in food prices still warrants caution. This will directly influence the Federal Reserve's policy expectations.

More critically, the US Supreme Court will once again face a tariff case decision window today (January 14)! The previous ruling was delayed once before. Trump had warned urgently that an unfavorable ruling could expose the US to tens of trillions of dollars in compensation pressure. If this delay continues, the legal balance may tilt in favor of Trump, and the uncertainty surrounding tariff policies has already triggered volatility in US stocks, supply chain adjustments, and chain reactions.

On one side is the economic fundamental game between inflation and consumption; on the other, the final ruling on tariff policies that affects global trade. Market volatility tonight could soar significantly. Investors need to closely monitor key moments and hedge risks accordingly. Specific data interpretations will continue to be followed up on~$BTC #美联储降息