This week's US Economic Calendar: CPI, PPI and Employment Data worth paying attention to

This week the U.S. economic calendar will focus on key inflation and market sentiment data ahead of the Fed's September meeting. Due to weak employment data in August, the market expects the possibility of the Federal Reserve cutting interest rates as high as 96-97%. Thursday’s Consumer Price Index report and OPEC’s latest data were the main catalysts that could determine the market’s tone in the fourth quarter, while gold soared to $3,588 an ounce, and the cryptocurrency market also focused on inflation-induced volatility.