1. European stocks expected mixed as ECB rate decision approaches. 2. S&P 500 futures remain flat ahead of upcoming CPI data. 3. Core CPI projected to rise 0.3% monthly and 3.1% yearly. 4. Producer Price Index showed unexpected decline by 0.1%. 5. Japan's Nikkei 225 reaches record high, indicating market strength.
The flat S&P 500 futures indicate indecision among investors ahead of key CPI data. Historically, CPI releases can cause volatility, but current indicators do not strongly suggest upward or downward movement.
The article highlights crucial upcoming economic data that could influence short-term S&P 500 movement. Market conditions are currently sensitive to inflation indicators.
The upcoming CPI data will have immediate repercussions detectable within days. Similar instances in the past often lead to swift market reactions.