Trump Claims Total Control Over Hormuz Strait, US CPI in Focus

In a recent statement, President Donald Trump declared that the United States has 'total control' over the Strait of Hormuz. This claim comes at a critical time in negotiations between Washington and Tehran, as both sides maintain rigid stances. The Strait of Hormuz is crucial for approximately 20% of global oil production, making tensions in the area a significant issue for economies that depend on imported crude. Trump’s statements reflect a more assertive stance by the US on strategic international issues, though it remains unclear how this will materialize in the near term.

In the macroeconomic landscape, investors are closely watching July's inflation data from the United States. With recent fluctuations in oil prices, there are concerns that inflation may have risen more than anticipated. This could lead the Federal Reserve to consider increasing interest rates, a move that would affect not only the US but also other global financial markets.

Meanwhile, the US Treasury market remains stable, with yields holding at relatively low levels. The current environment suggests moderate expectations for inflation in the medium term and a relatively calm economic scenario for the coming months.