Dow Jones gives away a 216 point rise to close down 28 on the day (-0.1%). NASDAQ almost unchanged down 0.09%. S&P 500 down 0.24%. VIX Volatility index down 0.2%. European markets quietly fading, STOXX 600 index down 0.5%, UK down 0.8%, Germany down 0.4%. No one wants to do anything ahead of the US CPI number tonight. Expecting core CPI of +6.5% YonY and +0.5% MonM. Up from 6.4% and 0.3%. So no peak in inflation yet.

Catch up on the latest news with Marcus Padley’s Pre-Market Podcast.

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