- Prior to important inflation data due later on Tuesday, US equity-index futures rose. Treasury yields decreased, while the dollar's slide continued.
- After the S&P completed its largest four-day gain since June on Monday following strong pre-order data for Apple's iPhone 14 Pro Max, contracts on the S&P 500 and Nasdaq 100 rose nearly 0.6% each. Investors are balancing the economy's encouraging indicators with the aggressive rhetoric coming from policymakers at the Federal Reserve.
- The headline cpi is predicted to have decreased for a second consecutive month in august in the US inflation report. that has sparked discussion among market investors about the direction of monetary policy, with some speculating that the Fed may conclude its cycle of tightening sooner. Others caution that, with tighter policy weighing on economic growth and riskier assets, the central bank will want more proof of sustained moderation in price hikes.
- Crude oil continued to rise as a weaker currency offset worries about global demand and the prospects of an Iranian nuclear accord stalled. Bitcoin remained above $22,000.