A critical week for US markets!
All eyes are on US inflation data this week, with the July CPI to be released on August 12 and the PPI tomorrow, August 13.
These figures may be influential in the Federal Reserve’s expectations for interest rates, and thus in the movement of the dollar, bond yields, stocks, and high-risk assets such as cryptocurrencies.
If inflation comes in below expectations → potential support for markets
If inflation comes in above expectations → potential pressure on risky assets
This week could determine the direction of the market more than any other headline.
All eyes are on US inflation data this week, with the July CPI to be released on August 12 and the PPI tomorrow, August 13.
These figures may be influential in the Federal Reserve’s expectations for interest rates, and thus in the movement of the dollar, bond yields, stocks, and high-risk assets such as cryptocurrencies.
If inflation comes in below expectations → potential support for markets
If inflation comes in above expectations → potential pressure on risky assets
This week could determine the direction of the market more than any other headline.