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[U.S. July Core PCE Data and Consumer Confidence Index to Be Released Tonight] The U.S. July Core PCE Price Index year-on-year data will be released tonight at 20:30 Beijing time, and the final value of the August University of Michigan Consumer Confidence Index will be announced at 22:00. The PCE is expected to rise 0.3% month-on-month, with the year-on-year growth rate possibly climbing to 2.9%, the highest since February this year, marking three consecutive months of increases.

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