There are several data to be released tonight
① 14:45 France June CPI monthly rate
② 20:30 US June PPI annual rate
③ 20:30 US June PPI monthly rate
④ 22:00 US July one-year inflation rate forecast preliminary value
⑤ 22:00 US July University of Michigan Consumer Confidence Index preliminary value
⑥ 01:00 the next day US total number of oil drilling rigs for the week ending July 12
"A decline in PPI means a reduction in corporate production costs. PPI is the producer price index, which reflects changes in the ex-factory prices of industrial products. A decline in PPI indicates that the price of raw materials has fallen significantly. A decline in PPI is not good, but it is not the higher the better. Its fluctuations reflect the prosperity of the real economy.
