Market Awaits Key Inflation Data as Stocks Rise

Investors are eagerly awaiting the release of producer and consumer price index reports, as these could have a significant impact on the markets. The retail sales data will also be closely watched.

While some indicators suggest that economic growth is slowing, experts believe that a recession may not be imminent. Stock futures are little changed, with European stocks and Asian stocks both seeing gains.

The British pound, US Treasuries, and the dollar are holding steady. Brent crude oil prices remain near $82, and there are concerns about Israel's sovereign debt as it gets cut.

In the US, the VIX volatility index has spiked, and corporate debt markets are seeing a jump in yields. Overall, investors are anticipating the Federal Reserve to cut rates, with 93% expecting lower short-term rates.

The market is cautiously optimistic, but concerns about a recession still linger.