[Next Week's Macro Outlook: Major Central Banks of the US, Japan, and UK Set to Take the Stage, Fed Rate Hike Probability Nears 90%] According to Jin10, during a week of trading marked by oil prices returning to $100 and inflation expectations rising again, the Fed's rate hike pricing, Middle East supply risks, and long-term interest rates have become the three main drivers of global assets. This week, the US released both August PPI and August CPI data. Among them, PPI rose 5.4% year-on-year, exceeding the market expectation of 5.3%; CPI rose 3.4% year-on-year, remaining flat compared to July and in line with expectations, but core CPI increased 0.3% month-on-month, higher than the expected 0.2%. Following the data release, the interest rate swap market's pricing for a Fed rate hike next week quickly surged to about 90%, up from 69% before the data was published. The market has even fully priced in two rate hikes by the end of the year. In the stock market, all three major US stock indices retreated from their highs over the week.