US stocks slipped overnight with inflation hitting 7.5%, traders now leaning toward 50bps Fed hike. US 10-year bond yields rose to their highest levels since August 2019. SPI Futures pointing to a tough day down 55 points (-0.77%) this morning. Catch up on all the latest news with Henry's Breakfast Briefing.

• ASX 200 SPI Futures down 55
• Dow falls 1.5% Nasdaq off 2.1%
• US inflation hits 7.5% highest since 1982
• Commodities firm.
• Oil eases. Gold slightly higher
• Iron ore up 4.8%
• Results the focus.

Why not sign up for a free trial? Get access to expert insights and independent research and become a better investor.