U.S. CPI data released. It touched 3.00. However, it has failed to breach 3 level. Last year July it was at the similar level and from August it bounced back.
It will be interesting to watch how the CPI data behaves next month.
Besides CPI, another interesting thing is the intervention by Bank Of Japan.
The price is a significant move. This alone could not be due to CPI. Seems BOJ took advantage of the low CPI and might have intervened.
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