**: Global Market Broadcast.
U.S. stock indexes** were largely unchanged in the pre-market on Monday, with Federal Reserve Governor Bowman due to deliver a speech and U.S. CPI data to be released on Tuesday.
As of press time, the Dow fell 004%, the S&P 500 futures index rose 002%, the Nasdaq rose 003%。
Germany's DAX index rose 03%, and the FTSE 100 fell 04%, the French CAC40 index rose 04%, the Euro Stoxx 50 index rose 02%。
WTI fell 120% at 75$92 barrel. Brent ** fell 118% to 81$22 barrel.
Headline inflation is expected to grow by 02%, compared to 02% (0 for preliminary**.)3% downgrade); Core inflation, which excludes volatile food and oil, is expected to be 03%。
For the annual data, investors expect headline inflation to move from 3 in December4% slowed sharply to 30%；The core CPI slowed slightly to 38% compared to 39%。
Strong inflation data will allow Fed policymakers to strongly support keeping interest rates higher for an extended period of time.
Fed policymakers have long insisted on supporting rate hikes until they are convinced that underlying inflation will continue to return to the 2% target.
The reasons behind the Fed's hawkish rhetoric are resilient labor markets and strong household spending. Fed policymakers acknowledged that the drop in inflation data was encouraging, but not enough to ease the tightening of the interest rate stance.
The CMEFEDWATCH tool shows that traders are pricing in a nearly 53% chance of a 25 basis point rate cut announced in May.
Dallas Fed President Lorile Logan said on Friday that there was no need to rush to cut interest rates because she wanted to confirm the durability of the gradual decline in inflation.
Meanwhile, the dollar index fell from 104 as investors became cautious ahead of the release of US inflation dataThe key support level of 00 is sharply**.
Amid cautious market sentiment, the attractiveness of safe-haven assets has improved.
Fed Governor Bowman will speak, beware of Fed Governor "bright eagle claws".
At 22:20 Beijing time, Fed Governor Bowman will speak. Investors will be paying close attention. Bowman has recently made hawkish comments.
On February 2, local time, Bowman said that if interest rates remain at current levels, inflation is expected to fall further, but she believes that it is too early for the Federal Reserve to consider cutting interest rates.
"I remain cautious when considering future changes in policy stance," she said at the time. Cutting our policy rate too soon could lead to the need for further future rate hikes to bring inflation back to 2% over the longer term. ”
In addition to Bowman, investors will also be watching other Fed speeches this session.
This earnings season, there are two major topics that U.S. companies can't live without: cost cutting and AI.
An analysis by Morgan Stanley strategists shows that U.S. companies are discussing cost containment at earnings conferences at record pace in an effort to reallocate capital and invest in new technologies.
A team led by Michael Wilson wrote in a report that U.S. companies have seen the highest number of mentions of "operational efficiency" in their history during the earnings season, as companies focus on spending discipline but also invest in "technologies that can drive future productivity, such as artificial intelligence."
Strategists say there is significant overlap between the industries that most commonly discuss operational efficiency and those that discuss AI. These groups include software, professional services, healthcare services, and financial services.
Focus**. The digital currency sector rose pre-market, with hut 8 mining rising more than 5%, Canaan Technology, Riot Platforms, and Marathon Digital rising more than 3%, and Bitcoin moving towards the longest streak in a year.