Market Watch: CPI, ECB Decision, and Crypto Events Ahead
This week's economic and cryptocurrency events are expected to be highly influential on market trends. The US August consumer price index (CPI) will be released, as well as the producer price index (PPI), which measures the average change in prices received by domestic producers for their output.
The European Central Bank is also set to make an interest-rate decision, which could impact global markets. Additionally, releases are scheduled for South Korea's second-quarter GDP, Japan's second-quarter GDP, and the eurozone's second-quarter gross domestic product.
On the cryptocurrency side, Binance will be launching trading support for Canopy (CNPY) and an airdrop. RWA Inc. is also set to launch 'RWA Chain'. The deadline to respond to the World Chain Sepolia testnet 'Karst' upgrade is on September 8.