Global markets focused on inflation data from the USA.

Global markets are eagerly awaiting the US consumer inflation data for July. According to the Bloomberg survey, the consumer price index in the USA is expected to increase by 0.2 percent on a monthly basis, which is the lowest level since January 2021, and by 8.7 percent on an annual basis, below the 9.1 percent announced in June.

On the other hand, Core CPI is expected to increase by 0.5 percent monthly and 6.1 percent annually. Wall Street ended the day with losses, with disappointing financial results from another chip maker. The S&P 500 index, which carried its continuous decline to the 4th day, closed down by 0.42 percent, and the Nasdaq 100 closed at 1.15 percent.

In China, consumer inflation in the country rose to a two-year high of 2.7 percent in July, primarily due to pork prices. The expectation was for an increase of 2.9 percent.