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U.S. April CPI and retail sales both cooled down, U.S. stock index futures jumped in the short term, and U.S. bond yields collectively fell

author:Wall Street Sights

[Updated at 8:31 p.m.]

After the release of the data, the three major U.S. stock index futures rose in the short term, with Nasdaq futures up 0.66%, S&P 500 futures up 0.58%, and Dow futures up 0.48%.

U.S. April CPI and retail sales both cooled down, U.S. stock index futures jumped in the short term, and U.S. bond yields collectively fell

U.S. Treasury yields were lower, with the 30-year yield 6bp lower in the short term and the 10-year yield 9bp lower.

U.S. April CPI and retail sales both cooled down, U.S. stock index futures jumped in the short term, and U.S. bond yields collectively fell

The U.S. dollar index was lower in the short term, down 0.4%. The Japanese yen extended gains against the dollar, rising 1.1%.

U.S. April CPI and retail sales both cooled down, U.S. stock index futures jumped in the short term, and U.S. bond yields collectively fell

On the news side, data released by the U.S. Bureau of Labor Statistics showed that the U.S. CPI increased by 3.4% year-on-year in April, flat expectations and a slight decrease from the previous value of 3.5%; CPI rose 0.3% month-on-month in April, lower than expectations and the previous value of 0.4%.

After excluding food and energy costs, the core CPI in the United States increased by 3.6% year-on-year in March, unchanged from the expected 3.6%, lower than the previous value of 3.8%; Core CPI rose 0.3% month-on-month in April, unchanged from expectations of 0.3% and lower than the previous value of 0.4%.

After the release of the US CPI data, the swap market raised its expectations for the pace of interest rate cuts by the Fed this year.

[Updated at 7:55 p.m.]

On Wednesday, May 15, on the eve of the release of the U.S. CPI data for April, the three major U.S. futures indexes were basically stable, European stocks were mixed, and copper futures in New York hit a record high due to short squeezing.

Global equities are heading for record highs after a tech-led rally on Wall Street, with optimism that Wednesday's key U.S. inflation report won't undermine the case for the Federal Reserve to cut interest rates.

Most believe that inflation will slow slightly, and CPI will rise by 0.4% month-on-month in April, unchanged from March; The year-on-year increase is expected to ease slightly to 3.4% from 3.5% in March. Core CPI is expected to rise 0.3% month-on-month, down from 0.4% in March; The year-on-year increase is expected to ease to 3.6% from 3.8%.

Ahead of the US April CPI release, the S&P 500 is still trading higher despite Powell's signals that interest rates will move higher for longer and mixed PPI inflation data.

Game Station's U.S. stocks fell more than 10% pre-market, and AMC Cinemas fell more than 8%, both of which rose more than 30% before.

U.S. April CPI and retail sales both cooled down, U.S. stock index futures jumped in the short term, and U.S. bond yields collectively fell

[Updated at 7:12 p.m.]

The three major U.S. futures indexes are basically stable, and the new forces of Chinese concept stocks and car-making are rising

The three major U.S. stock indexes were basically stable in the pre-market market, with Dow futures up 0.03%, S&P 500 futures up 0.01%, and Nasdaq 100 futures down 0.06%.

U.S. April CPI and retail sales both cooled down, U.S. stock index futures jumped in the short term, and U.S. bond yields collectively fell

The new forces of Chinese concept stocks rose together, with NIO up nearly 3%, Li Auto up nearly 1%, and Xpeng Motors up 0.48%.

On the news side, NIO's second brand Ledao will be released at 19:30 tonight, and the brand's first model, Ledao L60, will also make its debut and open reservations at the same time.

U.S. April CPI and retail sales both cooled down, U.S. stock index futures jumped in the short term, and U.S. bond yields collectively fell

Meme股狂热继续,GameStop Corp. 和 AMC Entertainment Holdings 连续第三个交易日大涨。

U.S. April CPI and retail sales both cooled down, U.S. stock index futures jumped in the short term, and U.S. bond yields collectively fell

European stocks were mixed, while the consumer sector was lower

European stocks were mixed, with the UK's FTSE 100 up 0.32%, Germany's DAX up 0.41%, France's CAC 40 down 0.18%, and the Euro Stoxx 50 down 0.04%.

U.S. April CPI and retail sales both cooled down, U.S. stock index futures jumped in the short term, and U.S. bond yields collectively fell

In terms of individual stocks, Burberry fell after reporting a decline in sales, dragging the consumer goods sector lower. ABN AMRO fell more than 5% after unchanging guidance, while Finnish refiner Neste Oyj plunged after its renewable product sales margins were lowered.

The eurozone economy has started the year stronger than expected, growing 0.3% in the first quarter to March after a shallow recession in the second half of 2023. The European Commission said inflation could fall faster than previously expected as economic growth picks up next year.

Unlike the likely path of interest rate hikes in the United States, Bank of France President François said that the ECB is likely to start cutting interest rates at its next policy meeting in June.

New York copper hit a new high, and gold extended its rally

Copper futures in New York rose to record highs after a short squeeze, with the most liquid contracts trading at a significant premium.

Comex futures for July delivery rose as high as $5.1101 a pound, surpassing the all-time high of $5.0395 set in March 2022.

U.S. April CPI and retail sales both cooled down, U.S. stock index futures jumped in the short term, and U.S. bond yields collectively fell

Gold extended the upward momentum of the previous session.

U.S. April CPI and retail sales both cooled down, U.S. stock index futures jumped in the short term, and U.S. bond yields collectively fell

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