Asia Calendar Quiet as Markets Eye US Inflation Data
No major Asian data hits Thursday. Traders brace for PPI and CPI prints that could decide the Fed's next move.
Nothing on the Asian economic calendar is going to move your portfolio today. The session is light, the releases are forgettable, and that's actually fine — because the real action is coming from the West.
All eyes are locked on US inflation. PPI drops Thursday, CPI follows Friday, and Goldman Sachs is calling both prints "benign." If Goldman's right, that's a green light for the Fed to cut in September. If they're wrong, buckle up.
Read more Apple's Foldable iPhone Duo Arrives — Don't Expect a Stock Surge →
Layered on top of the data watch is the ongoing war news cycle. Geopolitical headlines can spike volatility at any hour, so keep your risk sizing honest. A quiet calendar doesn't mean a quiet market.
For traders in the Asia session, the playbook is simple: don't chase moves on thin liquidity, stay nimble heading into the US data window, and let the inflation numbers do the talking. The Fed's September decision is essentially riding on two reports — and you'll have the first piece of that puzzle by end of day Thursday.
Continue reading at Forexlive.
