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11.08.25 - 18:15
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Key Events This Week: CPI, PPI Retail Sales, Trump-Putin Summit (ZeroHedge)
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Key Events This Week: CPI, PPI Retail Sales, Trump-Putin Summit
As we move into mid-August, markets are bracing for a surprisingly busy week, with several key events and data releases likely to shape sentiment; of these, the most closely watched will be tomorrow's US CPI report, which after the last week of July which had both the jobs report and the Fed meeting, could prove to be one of the larger events of the summer for markets, according to Deutsche Bank's Peter Sidorov.
And as DB's Jim Reid notes, also on the radar is Friday's high-stakes meeting between Donald Trump and Vladimir Putin in Alaska as the US has pushed for a ceasefire in Ukraine. Last Friday Trump said a deal would involve “some swapping of territories” with reports suggesting that it would see Ukraine ceding Russia the parts of Donbas that it still controls. Ukraine's President Zelenskiy was quick to reject the idea and European leaders have called for any peace talks with Russia to include Kyiv. Bloomberg report...
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