US August Durable Goods Orders Preliminary Reading Due at 20:30 Beijing Time

Durable goods orders matter here less as a headline growth number than as a read on whether business capex is holding up, which is the channel that ultimately feeds risk appetite for higher-beta assets like crypto and tokenized RWA markets. The print's composition — core capital goods versus volatile aircraft and defense lines — will shape how much signal the market extracts, and a soft number could revive rate-cut expectations. Whether the data actually moves digital-asset markets or is absorbed as macro noise is the open question.