The Market Brief
Hey team. Markets rose in anticipation of the all-important PPI inflation number set to release at 8:30 a.m., which will spark another round of volatility for the market.
Let’s recap Monday’s session and see what’s next for the markets!
Impact Snapshot
🟥 U.S. PPI Inflation - 8:30AM
Macro Viewpoint
U.S. stock index futures edged higher on Tuesday as investors awaited key December inflation data and upcoming corporate earnings reports to gauge the health of the U.S. economy.
Growing concerns persist in the markets about a potential resurgence in inflation, which could limit the Federal Reserve and other central banks from implementing the interest rate cuts previously anticipated.
The Federal Reserve’s cautious approach to monetary policy easing, coupled with a series of positive economic reports, has heightened investor concerns about persistently high inflation levels.
The Producer Price Index (PPI) report, set for release at 8:30 a.m. ET, will be the first of two critical inflation indicators this week, providing insights into the trajectory of price pressures in the economy.
Later this week, quarterly earnings from major banks are also in focus, with expectations of strong results driven by robust trading and dealmaking activity.
