The inflation effects of President Trump’s tariffs failed to surface in the July CPI report. This revelation encourages investors to increase their bets on a Fed rate cut in September, boosting global equity markets. In Europe, leaders prepare for virtual discussions with U.S. Presidents Trump and Zelenskyy, urging efforts to maintain stability amidst geopolitical tensions.

Understanding the implications of CPI data is vital for strategic investment. Ensure to stay updated as these factors could lead to fluctuating market trends.