US CPI Awaited as China Exports Surge

Global markets await US inflation data following strong Chinese export growth. Meanwhile, major bank earnings show hits to fixed income trading amid volatile conditions.

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FILE PHOTO: A view shows the New York Stock Exchange (NYSE) Wall Street entrance in New York City, U.S., April 7, 2025. REUTERS/Kylie Cooper/File Photo

United States headline inflation is expected to reach 3.7% in September as crude oil prices hover near $106 per barrel. The projected jump follows strong Asian chip sector trading and precedes the latest consumer price index release. Investors are weighing persistent energy costs against the Federal Reserve's future policy path.

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