US released its CPI for August showing an incline as it came in at 0.4%; better than the forecasted reading of 0.3% and the prior reading of 0.0%, while for the year ending August it rose to -1.5%, which is better than the expected reading of -1.7% and the prior reading of -2.1%.

As for the CPI Ex Food & Energy for August, it came in as expected and inline with the prior reading at 0.1%, while for the tear ending August it came in as the market forecast at 1.4%, but lower than the prior reading of 1.5%.