The PPI data for August in the United States is released, and the probability of the Federal Reserve raising interest rates in September has risen to 70%

Producer prices in the United States rose 5.4% year-on-year in August. According to the CME Federal Fund Futures contract prices, the market expects the probability of the Federal Reserve raising interest rates by 25 basis points at the September 15-16 meeting to increase from 65% to 70%. (Source: Federal Reserve)