Moneta外汇：美股期货小幅回落通胀数据成为焦点

Group 1 - Global market investors are exhibiting a cautious sentiment due to ongoing macroeconomic uncertainties, reflected in slight declines in major U.S. stock index futures [1][5] - The Dow Jones Industrial Average futures fell approximately 0.1%, S&P 500 futures decreased by 0.2%, and Nasdaq 100 futures also dropped by 0.2%, indicating investor sensitivity to upcoming economic and policy signals [5] - The latest Consumer Price Index (CPI) report shows a slight easing of inflationary pressures, providing the Federal Reserve with a reason to remain inactive in the short term [5] Group 2 - The upcoming Producer Price Index (PPI) data will be crucial in determining whether inflation has a sustained downward momentum, which remains to be observed [5] - Uncertainty in policy direction is likely to increase short-term volatility in the dollar exchange rate, especially in an environment where interest rate expectations are not yet defined [5] - If inflation continues to decline, market expectations for an earlier rate cut by the Federal Reserve may rise, potentially putting pressure on the dollar and leading to a short-term rebound in non-dollar currencies [5] Group 3 - The current earnings season is nearing its end, with tech giant Adobe set to release financial data this week, which may provide new valuation direction for the market [5] - Corporate earnings trends have a direct impact on stock market valuations and investor confidence, particularly in times of macroeconomic policy ambiguity and external uncertainty [5][6] - Traders are advised to closely monitor inflation data, consumer spending changes, and employment market dynamics, as these factors will directly influence the Federal Reserve's policy path [6]