Final reading of the IPC of the Euro Zone: 5 keys this Friday in the Stock Market

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The final reading for August inflation in the Euro Zone will be released today.

Oil is trading higher.

Cryptocurrencies are moving lower this morning.

These are the five factors that investors should take into account today when making their decisions:

  1. Final CPI in the Euro Zone
    At 11:00 Spanish time, the final CPI data for the Euro Zone corresponding to the month of August will be published, which is expected to consolidate the increase of 9.1% announced 2 weeks ago.
  2. Calm before the Fed meeting
    After the volatility of a few days ago, the markets are trying to find calm before the meeting of the US Federal Reserve (Fed) next week.
  3. Crypto, down
    The cryptocurrency sector is still in the doldrums. Bitcoin is trading at $19,000 and Ethereum at $1,400.
  4. Asia and American Stock Market
    Negative sign today in the main Asian indices. The Nikkei rises 1.1%. Hong Kong’s Hang Seng fell 0.8% and the Shanghai Composite fell 2.1%.

As for Wall Street, the market ended yesterday in the red. The closures of the S&P 500 (-1.1%), Nasdaq (-1.4%) and Dow Jones (-0.5%) stand out.

  1. Macro data
    Among the macroeconomic references in Europe, the CPI and the Italian trade balance stand out .

In the United States we will learn consumer confidence from the University of Michigan

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