This week holds significant importance for all traders, as crucial economic data is set to be released.
Market reactions are anticipated following the recent interest rate cut, with upcoming data shaping the US Federal Reserve's decision on additional rate cuts before the end of 2024.
âŠïž Inflation Week: Monday and Tuesday will be quiet, with no major announcements.
âŠïž Wednesday brings key inflation data, with expectations pointing to a decrease to around 2.3% from the previous 2.5%.
âŠïž On Thursday, the focus shifts to the Producer Price Index (PPI), which will further influence market sentiment.
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