U.S. markets await inflation data and Apple event

Financial markets face a critical week following the U.S. Labor Day holiday, driven by key macroeconomic data and corporate announcements. Investors are closely monitoring the upcoming release of the Producer Price Index (PPI) for August and the Consumer Price Index (CPI). These figures are essential for the Federal Reserve as it evaluates monetary policy ahead of its September 15-16 meeting.

Market sentiment remains uncertain regarding the Federal Reserve's next move. According to CME Group’s FedWatch tool, there is approximately a 60% probability of further monetary tightening. This volatility follows recent shifts in expectations triggered by Federal Reserve official speeches, resilient employment reports, and geopolitical tensions involving Iran.

In addition to inflation data, attention is directed toward Apple’s anticipated hardware event, which may include news regarding a foldable iPhone. The week is expected to see increased trading volumes as investors adjust portfolios in anticipation of these economic indicators and the approaching midterm elections.