
Global markets are displaying cautious sentiment as investors await the release of U.S. Consumer Price Index (CPI) data, a key indicator of inflation, scheduled for Wednesday. The Dow Jones has fallen for the fourth consecutive session, reflecting market anxiety ahead of the report. U.S. Treasury yields remain steady, while bond traders and Wall Street analysts are closely monitoring the inflation figures to assess whether the Federal Reserve will continue to cut interest rates or hold them steady in its upcoming policy meeting. Indian markets also showed muted performance, mirroring global concerns over inflation data. Futures trading volumes in U.S. Treasury securities have been subdued, further highlighting the market's anticipation of the inflation report. The report is expected to show the fourth consecutive month of firm gains in inflation.


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