This Friday, the financial markets will witness a series of important events that will attract the attention of global investors.

First of all, the review results of the Hong Kong Hang Seng Index for the second quarter will soon be announced, which may have a significant impact on the Asian market. At the same time, the highly anticipated Jackson Hole Central Bank Annual Meeting will also kick off, providing important guidance for global economic policy.

The market also needs to pay attention to the expiration of approximately 238 billion reverse repos, which may impact short-term liquidity. However, the most noteworthy event is undoubtedly the speech by Federal Reserve Chairman Powell scheduled for 10:00 PM. His remarks are expected to set the tone for global financial markets, and investors are eagerly awaiting clues about the future direction of monetary policy.

As these important events approach, market volatility may increase significantly. Investors need to closely monitor these key time points, as they are likely to impact the direction of various assets, including stocks, bonds, foreign exchange, and even the cryptocurrency market.

It is worth mentioning that the cryptocurrency market has recently experienced a certain degree of correction, and investors are paying attention to when the so-called "altcoin season" will arrive. Meanwhile, the Federal Reserve has recently canceled an innovative activity regulatory plan, a decision that may also have far-reaching implications for the field of financial innovation.

Overall, this Friday will be a trading day filled with challenges and opportunities. Both institutional investors and individual traders need to stay vigilant and be ready to respond to the market's intense fluctuations.