Amid the backdrop of the U.S. government shutdown and the postponement of important economic data releases, the financial markets are in a state of confusion. However, a potential turning point is about to arrive. Federal Reserve Chairman Powell will deliver a speech tonight via a recorded video at the community banking conference, and this address could be the key to breaking the current market deadlock.



Given the current scarcity of market information, investors are eagerly awaiting every word from Powell, hoping to gain clues about future economic policies and market trends. During this special period, Powell's speech will undoubtedly become an important basis for investors to judge the market direction.

It is worth noting that Powell's speech this time is far more significant than ordinary occasions. In the absence of other reliable indicators, his remarks may have a substantial impact on the market. Investors will closely monitor Powell's assessment of the current economic situation and hints regarding future monetary policy.

This speech may also influence the market's expectations for the Federal Reserve's future actions. Although the specific content has not yet been revealed, every word from Powell could become a catalyst for market direction, triggering fluctuations in the prices of various assets.

Overall, in the current economically uncertain environment, Powell's speech may provide the much-needed directional guidance for the market, and its importance cannot be underestimated. Investors will closely watch this speech for key information that could break the current market stalemate.
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