PCE data ahead; Trump reportedly mulls diesel export ban - what’s moving markets

Investing.com - Futures linked to the main U.S. stock indices point up, as investors await the release of key inflation data closely watched by the Federal Reserve. The personal consumption expenditures price index is anticipated to show sticky price pressures in August, likely depriving the Fed of immediate evidence against another interest rate hike at the central bank’s October meeting. Elsewhere, Brent crude steadies amid hopes for a rebound in Saudi supply flows, while the White House repor