1. **US Consumer Price Index (CPI) for July:** The unadjusted annual CPI rate in the US for July reached 3.2%, marking the first acceleration since June 2022. This surpassed market expectations of 3.3% and the previous value of 3%.
2. **Core CPI and Expectations:** The unadjusted annual rate of core CPI in the US for July was reported at 4.7%, the lowest rate since October 2021. This figure came in slightly below the market expectation of 4.8%.
3. **Market Impact:** Following the release of the CPI data, the US dollar index (DXY) saw a brief decline of over 20 points. As of now, the DXY stands at 101.91. The data highlights the ongoing significance of inflation trends in influencing market reactions and financial indicators.