Global Markets Eye CPI as Australia Eases and AI Trade Shifts Unfold

On August 12, 2025, global investors are closely watching the upcoming U.S. Consumer Price Index (CPI), which could recalibrate expectations for central bank policy. This heightened focus arises amid fresh developments: Australia’s central bank delivered its third rate cut of the year, signaling a readiness to loosen policy further to support growth and tame inflation. At the same time, President Trump broke with precedent by striking a deal with Nvidia that grants the U.S. government a share of the chipmaker’s Chinese sales in return for allowing AI chip exports—an agreement that reshapes long-standing national security norms.