CPI Under Chair Walsh, Strait of Hormuz Tensions, Oracle Earnings in Focus
Today's EU mid-market update highlights the first CPI release under new Chair Walsh, renewed kinetic activity in the Strait of Hormuz, Anthropic's launch of a safe AI model 'Mythos', and Oracle's upcoming earnings report.
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Key events in today's EU mid-market session:
- CPI under Chair Walsh: For the first time, the Consumer Price Index will be released under the chairmanship of Walsh, suggesting a new policy context for inflation data.
- Strait of Hormuz tensions: Reports indicate renewed kinetic activity in the strategic waterway, raising geopolitical risk premiums.
- Anthropic's 'Mythos': AI company Anthropic has released a new safe AI model called 'Mythos', though market implications remain unclear.
- Oracle earnings: Oracle is set to report earnings, drawing attention from equity markets.
Traders are monitoring these developments for potential impacts on FX pairs, energy prices, and tech stocks.
Source: FXStreet Forex News