This week, traders are eagerly anticipating the release of key economic data in the United States. On Wednesday, the Consumer Price Index (CPI) for August will be unveiled, providing insight into inflation trends. This will be followed by the Producer Price Index (PPI) on Thursday, offering further analysis of pricing pressures in the economy.
Before these data releases, all eyes will be on Tuesday’s highly anticipated debate between presidential candidates Donald Trump and Kamala Harris. As the November election draws nearer, this debate will be crucial in shaping the political landscape and influencing market sentiments.
Both economic data and political events play a significant role in shaping market trends and investor behavior. Traders will be closely monitoring these developments for potential trading opportunities and to gauge the overall health of the economy.