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⚠️ Today, traders are focusing on US inflation data. The consumer price index is expected to fall from 3% to 2.9% in July;

📊 The US producer price index (PPI) fell from 2.7% to 2.2% year-on-year in July;

🛢 According to the OPEC report, global oil demand will grow by 2.1 million barrels per day this year. This is 135 thousand barrels per day less than the previous forecast;

📈 Gold is very close to its all-time high and is trading at $2,466;

🛢According to the American Petroleum Institute, US oil inventories fell by 5.2 million barrels last week, compared to a forecast of a decline of 2 million barrels.