🚨 Be careful with the news tonight. The CPI index for August will be announced at 19:30 Vietnam time. Before and after the news 30 minutes, the market will fluctuate strongly.
Information about the index:
CPI index last month: 2.9%
CPI index expected: >2.9%
CPI index that the FED wants to achieve: 2%
🚨 Interest rate results affect the market:
1. CPI > Expectation: Bad news. Inflation increases again. The FED once again has a headache with the balancing problem
2. CPI = Expectation: Good news for the entire financial market. The motivation for the FED to reduce at least 25 points and adjust interest rates more than once this year
3. CPI < Expectation: Extremely good news for the entire financial market when the Nonfarm news also gave good results, average hourly earnings exceeded the expected base, unemployment rate decreased