Dow futures positive, CPI speculation, inflation past peak | RYT9

Dow Jones Industrial Average futures rose today. As investors keep an eye on the Consumer Price Index (CPI) tonight.

At 6:42 p.m. Thai time, the Dow futures index gained 64 points or 0.2% to 32,801 points.

Analysts expect the CPI to be released today to indicate that US inflation has crossed its peak. As oil and commodities prices fell sharply in July.

The U.S. Department of Labor will release the CPI, a measure of consumer spending inflation. July today This will be the key economic data following the US non-farm payrolls released on Friday.

The poll of analysts expected the general CPI, which includes food and energy, rose 8.7 percent year-on-year in July. It slowed from a 9.1 percent jump in June, the highest level in 40 years.

Core CPI, which excludes food and energy It is expected to rise 6.1% in July year-on-year. It rebounded from 5.9% in June.

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