韓國KOSPI指數日內跌幅達1.00%。

CITIC Securities said July US CPI rose 0.1% MoM and core CPI 0.2% MoM, both in line with expectations. The modest MoM CPI gain was led by a rebound in core goods and a pickup in core services, while a second consecutive monthly decline in energy partially offset upside pressure. July PPI YoY continued to decelerate. Although the US–Iran conflict creates uncertainty and risks to oil and inflation remain, overall US inflation upside appears controllable, so CITIC retains its view the Fed will keep policy rates unchanged in September.

WSJ reporter Nick Timiraos says Fed Governor WALLER’s overall stance has not fundamentally changed since July but has shifted from a July tilt toward tightening to cautious optimism and a preference to hold rates. For the Sep 15-16 policy meeting, WALLER’s path is conditional on August inflation: continued progress toward the 2% goal implies holding rates; a hotter August print would prompt consideration of a rate hike.