U.S. stock futures showed a slight increase as investors prepared for a crucial consumer inflation report, following a mixed performance in Asian markets. The Asian equities reflected a volatile session, influenced by a positive lead from the U.S. where the Producer Price Index (PPI) data was reported cooler than expected. Major Asian indexes such as the ASX 200, Nikkei 225, and KOSPI saw gains of 1.5%, 0.6%, and 1.4%, respectively, as markets reacted to the softer-than-expected core Consumer Price Index (CPI) data from December. This data contributed to a rally on Wall Street, with the Dow Jones, S&P 500, and Nasdaq experiencing their largest daily percentage gains in over two months. The CPI is anticipated to rise by 0.3% month-over-month, with the yearly rate expected to reach 2.9%, up from 2.7%. Additionally, core inflation is projected to increase by 0.3% month-over-month, maintaining a yearly rate of 3.3%. The upcoming bank earnings and economic data are also expected to influence market movements.