The US CPI generated significant volatility for benchmarks like the Dow Jones Industrial Average this past session, but the important inflation indicator wouldn’t clarify the market’s direction. That isn’t uncommon for the index. What has followed the immediate reaction to this event in the past?

The January UK CPI report will steal the limelight on Wednesday as traders will try to assess whether the inflation outlook could force the Bank of England to reconsider its dovish stance.

The U.S. dollar edged modestly higher after U.S. inflation topped estimates, but the data may not be enough to alter the risks around the Fed’s policy outlook on a sustained basis.

S&P 500, Nasdaq and Dow Jones futures ease after US CPI rattles stocks.

US CPI came in hotter than forecasts suggested but has not triggered the conventional market reaction via the DXY and SPX indexes respectively.

Gold prices sold off in the wake of better-than-expected US data and the emergence of a bear flag suggests that selling may continue. US CPI up next

Euro Area GDP met initial expectations of q/q growth of 0.1% and y/y growth of 1.9%, leaving the Euro little changed. Up next, the latest look at US inflation.

Brent crude oil prices exhibit signs of attentiveness as markets await key economic data from OPEC and the U.S..

The UK labor market displayed resilience despite a worsening economic outlook. Wage growth likely to remain a concern for the Bank of England in its fight to tame inflation.