China CPI: Aug 0.8% Y/Y; Core 1.0% Y/Y
China CPI rose 0.8% Y/Y in Aug (est 0.8%, prev 0.5%). Core CPI was 1.0% Y/Y (est 0.9%, prev 0.9%).
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U.S. futures fall as oil tops $99, CPI and Apple event loom
U.S. stock futures fell Tuesday, with the Dow, S&P 500 and Nasdaq 100 lower as Brent crude climbed above $99 a barrel and investors awaited Friday’s August CPI report and Apple’s product event Wednesday.
US Inflation Rate Slows To 3.4% In July
The US Consumer Price Index rose 3.4% year-over-year in July, down from June's 3.5% increase