- As traders anticipated a significant US inflation report and evaluated the effects of China's economic stimulus, stocks gave up some of their gains.
- Both the Nasdaq 100 and the S&P 500 ended at their highest levels since April 2022 on Monday, US equities benchmarks were poised for modest gains.
- There is growing optimism that the next US consumer price index reading, which is scheduled for release on Tuesday, will demonstrate that pressures have abated sufficiently to allow Federal Reserve policymakers to stop their tightening campaign Wednesday. That would be the first time since March 2022 that they had skipped a rate increase after 10 straight moves in the benchmark rate.
- UK two-year yield rises to its highest since 2008 on jobs data.
- The US is expected to approve depleted-uranium tanks rounds For Ukraine sources - WSJ.
- Traders price 5.75% BoE peak rate for first time since October.
