Preview: Market Focused on US July CPI and Core CPI MoM Tonight, Institutional Insights

August 12th. The U.S. Bureau of Labor Statistics will release the July CPI and Core CPI month-over-month rates at 8:30 p.m. Beijing time tonight, which may directly impact the Fed's decision on whether to raise interest rates in September.

Institutional Outlook on the U.S. July Seasonally Adjusted CPI month-over-month rate is as follows: (Prior: -0.4%; Expected: 0.1%)

Capital Economics: +0.0%; Citigroup: +0.0%; Mizuho Securities: +0.0%; ANZ Bank: +0.1%; Bank of America Merrill Lynch: +0.1%;

Commerzbank: +0.1%; Deutsche Bank: +0.1%; Goldman Sachs: +0.1%; HSBC Holdings: +0.1%; Morgan Stanley: +0.1%;

JPMorgan Chase: +0.1%; Pantheon Macroeconomics: +0.1%; Moody's Analytics: +0.1%; ING: +0.1%; NatWest Markets: +0.1%;

Nomura Securities: +0.1%; Oxford Economics: +0.1%; RBC Capital Markets: +0.1%; SMBC: +0.1%; Lloyd's Bank: +0.1%;

Nordea: +0.1%; Stephens: +0.1%; UBS Group: +0.1%; Vanguard: +0.1%; Spada Capital: +0.1%;

Wells Fargo: +0.1%; Montreal: +0.2%; BNP Paribas: +0.2%; Berenberg: +0.2%; Barclays: +0.2%;

High-Frequency Economics: +0.2%; Societe Generale: +0.2%; Natixis: +0.2%; Danske Bank: +0.2%; Deutsche Bank: +0.2%;

Standard Chartered: +0.2%; TD Securities: +0.2%; UOB: +0.2%; Westpac Banking Corporation: +0.2%; Jefferies Financial Group: +0.3%.

Institutional Outlook on the U.S. July Seasonally Adjusted Core CPI month-over-month rate is as follows: (Prior: +0.0%, Expected: +0.2%)

Mizuho Securities: +0.1%; Spada Capital: +0.1%; ANZ Bank: +0.2%; Montreal: +0.2%; BNP Paribas: +0.2%;

Bank of America Merrill Lynch: +0.2%; Barclays: +0.2%; Commerzbank: +0.2%; Capital Economics: +0.2%; Citigroup: +0.2%;

Deutsche Bank: +0.2%; Danske Bank: +0.2%; Goldman Sachs: +0.2%; HSBC Holdings: +0.2%; Stephens: +0.2%;

ING: +0.2%; Lloyd's Bank: +0.2%; JPMorgan Chase: +0.2%; Nomura Securities: +0.2%; Nordea: +0.2%;

Wells Fargo: +0.2%; Morgan Stanley: +0.2%; Pantheon Macroeconomics: +0.2%; SMBC: +0.2%; Northland Securities: +0.2%;

BNP Paribas: +0.2%; Westpac Banking Corporation: +0.2%; UBS Group: +0.2%; Standard Chartered Bank: +0.2%; TD Securities: +0.2%;

Yuexin Bank: +0.2%; National Westminster Bank: +0.2%; Deutsche Bank: +0.3%; Moody's Analytics: +0.3%; Societe Generale: +0.3%. (FXStreet)