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The past week was marked by a sharp increase in demand for safe haven assets amid escalating geopolitical tensions between the US and North Korea, which exchanged threats against each other. On Thursday, US President Donald Trump said that his previously voiced threats to respond to North Korea's "fire and fury" may have sounded "not tough enough". And already on Saturday, in a telephone conversation with French President Donald Trump, said that the United States is ready to strike if North Korea does not end the threats and testing of ballistic missiles.
The Core Consumer Price Index (Core CPI) determines the change in the prices of the selected basket of goods and services for a given period. Food and energy are excluded from this indicator to obtain a more accurate estimate. A strong result strengthens the US dollar, while a low one weakens. Forecast: + 0.2% in July (against + 0.1% in June).
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