US #CPI data will be released today at 7:30 PM (UTC+7)

Core CPI is expected to increase by +0.31% compared to last month, bringing the 12-month increase to 3.1% (compared to 2.9% in June and 2.8% in May).

Overall CPI is expected to increase by +0.24% compared to last month, bringing the 12-month increase to 2.8%.

CPI > 2.8% → The market may adjust

CPI = 2.8% → May pump slightly

CPI < 2.8% → Good news, the market is likely to pump strongly

The Fed is likely to still cut interest rates in September due to weak labor data. Low CPI will only help boost confidence.