✨Good Tuesday, everyone! Today is a big day for the markets, as expect the release of the US inflation at 15:30 GMT 3. What is the other news to watch?
📉Morgan Stanley lowered the forecast for Brent by $12 to $98 in the third quarter. Meanwhile, the price of XBRUSD strengthened to $96.40.
❗️More analysts expect a Fed rate hike by 75 basis points in September. According to BBG, the Fed will keep the rate at high levels for a prolonged period.
⚡️Consumer Inflation in Germany rose by 0.3% in August. EURUSD keeps trading near the border of the descending channel, the next target in the focus of bulls lies at 1.0200.
🔗After switching to the Proof-of-Stake, ETH may raise interest among institutional investors, according to the Bank of America.
🙌Most of Twitter’s shareholders vote in favor of the company’s sale to Elon Musk for $54.20 per share.
🟩American and European stock market indices remain green after S&P500 completed its best four-day surge since June. Their primary focus is on US inflation, which is expected to slow down by 0.1%.
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