The US CPI report for April scheduled for 1:30 pm BST is a key point in today's economic calendar. Market expects US price growth to decelerate. Headline gauge is expected to drop from 8.5% to 8.1% YoY while core measure is seen pulling back from 6.5% to 6.0% YoY. We have entered a period of more favorable base effects and some commercial banks see a chance that the peak in consumer price growth was reached last month. If this is so, pressure on Fed to tighten policy quickly may ease, what would be beneficial for stocks and negative for USD.
European stock market indices as well as US index futures are trading higher less than one hour ahead of the data release. Meanwhile, the US dollar is a top laggard among G10 currencies, dropping against all major peers.
US500 continues recovery from recent drop but scale and momentum of the move is relatively small. Source: xStation5
๐ดDaily summary: Wall Street ignores hawkish inflation, oil falls sharply despite geopolitical tensions
โ ๏ธThree Markets to Watch Next Week (11.09.2026)
US OPEN: Rebound on Wall Street despite higher Supercore inflation and a jump in yields
Morning wrap: Wall Street tries to recover losses ahead of U.S. CPI ๐ฝ Oracle and Adobe reported earnings โ shares react (11.09.2026)