📆 Wednesday, July 12
► The release of U.S. consumer price index (CPI) data is eagerly awaited. Analysts expect inflation to continue to fall amid the Federal Reserve's monetary policy strategies, which would encourage risk appetite and further dampen demand for the USD. The data will be released later today (14:30 UTC +2). Before the release of the data, there will be little trading volume.
► USD weakens, while Treasury yields decrease due to expected slowing US inflation, which would decrease expectations for more rate hikes and/or earlier rate cuts.
► The Stoxx Europe 600 index rises for the fourth day, led by technology and mining stocks, while S&P 500 and Nasdaq 100 futures remain steady after slight gains on Tuesday. These gains were prompted by market participants anticipating the release of the key US consumer price data for hints on the interest rate outlook.
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