Markets Steady Ahead of US Inflation Data

From tastylive.com

The market edged slightly higher at the start of the week, with prices on major indexes hovering near all-time highs. All eyes are on tomorrow’s inflation data due out Tuesday, which should provide the next puzzle piece to investors as the macroeconomic situation remains cloudy. Rate traders are pricing in a 90% chance for a rate cut at next month’s Federal Reserve meeting. Bitcoin futures (/BTC) and the dollar moved higher to start the week. The VIX rose about 4% to trade near 15.7 in early trading. S&P 500 futures (/ESU5) were slightly higher Monday morning, rising about 0.03% in the first 30 minutes of ... (full story)