US data will keep markets in check. The most important data to watch will be the US #TÜFE (#Enflasyon ) report due on Wednesday

Marketers may prefer to wait for some major US data in the coming days.

We will get some clues from the US PPI report tomorrow, but the most important thing to watch this week will be the Inflation report due on Wednesday.

Traders have calmed down after last week’s panic but are still pricing in around a 46% chance of a 50 basis point rate cut in September. Given the fears about the labor market and the economy, further confirmation of the disinflation process will prompt traders to call again for a quickening pace of the #Fed to #faiz cuts.