The Ibex focuses on the US CPI
Markets seek to avoid surprises with the last major macroeconomic reference before the Fed meeting. The slight expected rebound in the US CPI conditions a day of greater relief for chip companies, thanks to ASML. The Ibex is driven by the truce prior to US inflation.
Financial markets are bracing for the latest US inflation data, due to be released at 14:30 Spanish time, ahead of the Federal Reserve meeting. The inflation rate for September is expected to show a slight increase, from 3.4% to 3.6%, and from 2.4% to 2.5% in the core rate. The data comes after a rise in oil prices, but analysts expect only a moderate impact. The Ibex and chip companies, including ASML, are likely to benefit from the expected figures.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
