Futures Dip as Inflation Rose More than Forecasted

Futures have weakened this morning as investors wait for inflation figures in order to gauge the level of risk that price pressures will stifle the US recovery. Meanwhile the dollar has advanced along with treasuries.

As abundant stimulus has powered a rally in global equities, raising concerns valuations had become expensive, debate continues as to whether inflation will be persistent enough to force the Federal Reserve to tighten policy sooner than current guidance suggests. Consumer-price inflation is set to quicken, with the year on year comparison intensified by the shock of COVID-19 shutdowns in 2020.

Tune in to hear what's moving Wednesday's market and where to trade to end up in green.