- China July consumer price index +2.7% Y/Y vs. + 2.9% consensus, +2.5% prior.
- All eyes are set on US CPI data later in the day. Economists expect CPI to rise 8.7% Y/Y, down from the 9.1% clocked in June. Core CPI is expected to increase 6.1% vs. 5.9% in June. A drop in value might postpone Fed rate hike in the coming months.
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