CPI Report, ECB Decision, and China Data in Focus

Next week, investors will focus on several key economic releases that could influence market trends. On Friday, the US Consumer Price Index (CPI) report is expected to shape expectations for the Federal Reserve's September meeting. With policymakers divided at the last meeting, this data will be crucial in determining the policy path.

The European Central Bank (ECB) will also make a decision on interest rates, and traders will be closely watching the statement and updated guidance from President Lagarde. The US Producer Price Index (PPI) report will arrive just before the CPI release, making for a busy session.

Other notable releases include UK GDP data, which has recently outperformed expectations, as well as China's consumer and producer price trends, which have diverged in recent releases.