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US-CPI-inflation-data-preview

Oil nears $100, Asia stocks sour on Iran-US tensions
Oil nears $100, Asia stocks sour on Iran-US tensions
Brent crude rallied toward $100 per barrel on Wednesday, suppressing sentiment across Asian stock markets as escalating US-Iran attacks heightened global inflation concerns ahead of upcoming US consumer price index data. At the same time, the Japanese yen strengthened toward its near seven-month high against the US dollar reached on Tuesday. Currency traders rapidly closed short positions in the yen amid rising expectations for accelerated Bank of Japan interest rate hikes and a potenti...
World•09 September 2026