New inflation data expected in the US: It will closely affect the Fed

August figures for inflation, which fell below 3% for the first time in July for the first time in July, will be announced today at 15.30 TSI. While the headline inflation is expected to be 2.5%, the data will also closely affect the Fed's interest rate decision on September 18. Before the data, there is a decrease in Bitcoin and S&P 500 futures, and an increase in US bonds.

While the interest rates in the USA, which have been increased for about 2.5 years, reduce inflation from 9% to below 3%, the markets are waiting for the monetary tightening policy to end. Headline inflation, which was 2.9% in July, is expected to reach 2.5% today. The fact that the data is below or above this level is also closely related to the Fed's interest rate decision on September 18.

Fall in stocks, rise in gold and bonds

On the other hand, US stocks, which closed yesterday's trading day positively, are experiencing declines in futures in the morning hours before the CPI data. There is a 0.5% decrease in S&P 500 futures. While the price of spot gold increased by 0.3%, there is an increase in bonds. This shows that investors tend to escape to safe harbors with cash. There are also declines in Asian markets...

Bitcoin also started to fall below 57 thousand dollars since last night. The largest cryptocurrency is trading around $56,200 in the minutes of the news.

Interest rate increase message from the Japanese again

Junko Nakagawa, one of the directors of the Bank of Japan, also gave a message of an interest rate increase, causing the Japanese yen to strengthen. It is stated that this situation is effective in some declines in global markets. Experts comment that the Japanese will wait until December or January for interest rate hikes.