WARNING FOR TOMORROW AUGUST 12 🚨🚨
The CPI (Consumer Price Index) data from the United States for tomorrow, August 12, is very important for the markets because it represents a key indicator of inflation in the USA and strongly influences the decisions of the Federal Reserve (Fed) regarding monetary policy. After a series of recent weak macroeconomic data, investors are closely awaiting this data to understand whether the Fed might proceed with interest rate cuts in the upcoming meetings, a situation that could support growth and equity and cryptocurrency markets.
A CPI lower than expected could strengthen expectations of monetary easing, pushing equity markets higher and weakening the dollar, as already seen this current week with the EUR/USD pair gaining ground. On the other hand, a higher CPI could raise fears of a continuation of the Fed's monetary tightening to contain inflation, negatively impacting stocks, cryptocurrencies, and government bonds.
The relevance of this data is therefore fundamental to understanding the future direction of American economic policy and, consequently, to assess the performance of global markets in the short term.
