At 20:30 tonight, the U.S. June unadjusted CPI year-on-year and adjusted CPI month-on-month will be officially announced.
As a core indicator of inflation levels, the performance of this data is crucial:
- If the data exceeds expectations, it may strengthen the market's assessment of the Federal Reserve maintaining high interest rates, thereby putting pressure on asset prices such as gold;
- If the data is below expectations, it could boost the prices of assets like gold.
