Five key events on the markets in the new week

The main factor for investors will be US inflation data, which may influence the Fed's rate decision. Attention will also be focused on Oracle's reporting, political events in France, the ECB meeting, and statistics from China.

1. Inflation in the USA

On Thursday, data on the consumer price index for August will be released. An increase of 2.9% is forecast, after 2.7% in July. This complicates the task of the Fed, which is balancing between supporting the labor market and reducing inflation.

2. Oracle Reporting

The company will present quarterly results that will show the dynamics of demand for cloud and AI services. Wall Street expects an order book of about $150 billion and free cash flow of $1.8 billion after negative values last quarter.

3. A vote of confidence in France

On Monday, Parliament will consider Prime Minister Francois Bayrou's fiscal plan. If the vote fails, he will have to resign. French government bond yields have already risen to their highest levels in years amid political uncertainty.

4. ECB Meeting

On Thursday, the ECB is likely to leave the rate unchanged at 2%. However, discussions within the regulator about strengthening or easing policy are becoming more intense, analysts say.

5. Data from China

The country's exports grew by 4.4% year-on-year in August, slowing from 7.2% in July. Investors are waiting for fresh inflation data to assess the prospects of the world's second largest economy.