Key Market Events This Week: U.S. Inflation, ECB Rates, Iran Conflict, and Earnings Reports
This week's key market events include the release of August U.S. inflation data on Friday, which will inform investors ahead of the Federal Reserve’s September policy meeting. Headline CPI is expected to rise by 3.4% year-on-year, with core CPI at 2.4%. The European Central Bank (ECB) will announce its interest-rate decision Thursday, with a potential 25-basis-point hike anticipated due to rising energy prices linked to the Middle East conflict. The ongoing Iran conflict and developments in the Strait of Hormuz remain focal points for markets as tensions persist without clear resolution. Oracle and Adobe are set to report earnings after U.S. market close on Thursday, with Oracle having outlined significant capital expenditure plans and financing needs tied to its AI expansion.
Topics: Adobe (ADBE) earnings reports ECB rates Oracle (ORCL) U.S. inflation